The renovation is the second of a two-phase redevelopment project at Continental Towers, a 910,796-square-foot office complex located at 1701 Golf Road in Rolling Meadows, that began in 2015.

The $5.5-million sale for the 4,350-square-foot freestanding property features a 15-year triple-net lease with options to extend. The property was acquired by an affiliate of Bayrock Investment Co. of Charlotte, NC.

"The region's accessibility to major population centers and excellent highway connectivity continues to make it a strategic location for manufacturing companies like Leco Plastics," says NAI James E. Hanson's Perkins.

Completed in 2009, 50 Madison Road is a 125,871-square-foot data center that is fully leased to CyrusOne.

The three-building Class A industrial property, located at 5801 and 6301 East 10th Ave., features a 978,164-square-foot distribution and light assembly warehouse (phase one) and two newly constructed state-of-the-art distribution buildings totaling 602,657 square feet (phase two).

In Chicago, nearly half (47.9%) of that space is pre-leased. New York ranked as the top market, with 14.6 million square feet (21% pre-leased) followed by Washington, D.C. with 10.9 million square feet (61% pre-leased), and Dallas, with 7.8 million square feet (63.9% pre-leased).

The building features one-, two- and three-bedroom units range from 791 square feet to nearly 1,400 square feet with rents ranging from $1,115 to $1,698. The project is currently 93% occupied.

"As we continue to make our vision for Schuylkill Yards a reality, a set of guiding principles has remained at the forefront of our design approach: be courageous, creative and bold," says Jerry Sweeney, president and CEO of Brandywine Realty Trust.