CHICAGO-Ventures of Henry Crown & Co. have recently purchased three small suburban office towers for $10.2 million. The sellers of suburban office buildings were ventures headed by George R. Matocha Jr. of Matocha Associates.
The 54,785-square-foot Oakbrook Terrace building was sold for $4.24 million, the 55,729-square-foot Oak Brook property was traded for $3.5 million and the 37,150-square-foot Clarendon Hills building was sold for $2.5 million. Harris Bank and First Bank of Highland Park, the lenders, released mortgages when the deal was closed. For the full story, go to Crain's Chicago Business.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.