FYH Bearing Units USA Inc. paid $1.7 million, according to property records, for a 30,572-sf building at 285 Industrial Dr., allowing the company to move from Schaumburg. Cornerstone National Bank financed the deal with a $1.4-million loan, according to property records.
Meanwhile, TJO Installations Inc. paid less than $1 million for its 11,754-sf industrial condominium at 1287 Kyle Ct. Fifth Third Bank financed the acquisition that allowed the company to relocate from Elk Grove Village.
Sterling Real Estate and Redac Inc. represented FYH Bearing Units USA Inc. in negotiations with Paine/Wetzel · ONCOR International principal Whit R. Heitman and associate Daniel J. Benassi represented the land trust that sold the property. Paine/Wetzel · ONCOR International senior associate Daniel T. Jones teamed with Benassi in representing a land trust in negotiations with Chris Lydon and Chris Nelson of Lee & Associates.
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