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chi-Molto-Woodhead (2) Molto Properties bought this suburban Northbrook property in 2012, renovated it, and now Matrix Financial Partnership LLC will move in 85 employees.

CHICAGO—Many north suburban manufacturers are ready to expand their operations, but finding great manufacturing space in the submarket can be tough. However, after an 18-month search Chicago-based Matrix Financial Partnership LLC, has found a new home. The company has just bought 3411 Woodhead, a 117,000 square foot industrial property on 4.11 acres in suburban Northbrook, from Molto Properties, an investment and management firm that specializes in industrial property.

Brett Kroner and Keith Puritz of Avison Young represented Molto and Dan Prendergast of Darwin Realty represented the buyer. Prendergast tells GlobeSt.com that Matrix, which is the real estate arm of three related manufacturing companies, was always looking to buy, rather than rent.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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