CHICAGO-An affiliate of W.P. Carey Inc., a real estate investment trust based in New York, has paid approximately $17 million for an office and industrial facility in northwest suburban Elk Grove Village. The building, which measures 274,000 square feet, is located at 2200 E. Pratt Blvd.
Bellaire, Texas-based Shale-Inland Holdings LLC has leased nearly 239,000 square feet and the remaining space is leased to Material Sciences Corp. The purchase price equates to $62 per square foot. 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.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.