WHEELING, IL-Hospital supply firm Borrows Co. has expanded operations in this north suburb of Chicago, leasing 64,156 sf at 301 Holbrook. Location near the Tri-State Tollway and O’Hare International Airport were factors in the lease decision, brokers for Paine/Wetzel ONCOR International indicate.

Meanwhile, nearby Northbrook has seen industrial sales and leasing activity.

Business-to-business data management company Omeda Communications has leased 22,000 sf at 720 Landwehr Rd.in the north suburb with HSA Commercial Real Estate executive vice president/managing director Tim Thompson, SIOR, representing the company.

Also, Petra Presbyterian Church bought a 53,482-sf building on 3.73 acres at 3005 MacArthur, a location with nearby access to Interstates 294 and 94, for its offices. The church paid CV Land Management LLC $2.23 million for the property, buying it with a $1.4-million loan from Edens Bank. Paine/Wetzel · ONCOR International principals Patricia G. Baldwin, SIOR and Whit R. Heitman represented the church while vice president William T. Perkowitz represented the seller.

Senior Vice President Donald S. Jaffe, SIOR represented both Borrows Co. as well as the building owner, Richstone Ltd.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.