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The company signed its original lease for 18,368 square feet at the property in December and due to successful acquisitions and growth globally, the company increased its footprint in Chicago to continue its rapid growth.
The $146 million loan will help pay for construction of a nine-story building, the first of three planned condo towers backing up to the Boca Raton Golf Club.
The industrial market has been in a tightening mode with space options dwindling even with construction in the pipeline, but buyer Scannell has experience with properties needing capital infusion.