WILLOWBROOK, IL-Principal Financial Group has sold a new precast industrial building in the Madison Business Park for $80 per sf. Parzo LLC has paid $1.36 million for the 16,984-sf building at 7133 Monroe St., near the I-55 and Route 83 interchange in this southwest suburb.

Property records indicate Parzo LLC bought the building with a $1.088-million mortgage from Leaders Bank.

Madison Business Park includes eight buildings, ranging from 10,700 sf to 50,000 sf. Morgan/Harbour Construction is general contractor for the project designed by Cornerstone Architects.

Morgan Realty Partners senior vice president Bill Waliewski represented Principal Financial Group while Brian Butler of The Butler Group represented Parzo LLC.

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