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NORTHBROOK, IL-A 16,165-sf industrial building in this north suburb, which had been taken back by LaSalle Bank in a 2002 foreclosure, has been sold for $8.5 million, according to property records. Service Envelope bought the building on a 1.04-acre site at 1925 Holste Rd.

HSA Commercial Real Estate EVP Tim Thompson represented Service Envelope, while Harley Korman of Korman/Lederer represented the seller.

In an unrelated deal in northwest suburban Elk Grove Village, a 15,000-sf, 30-year-old building at 2020 Lunt Ave. has been sold for $780,000 to mail-order pharmacy Drug Source Inc. A key consideration in the deal was the one-acre of paved property that came with the building, formerly owned by Balepo Associates.

Podolsky Northstar Realty Partners principal Steve Podolsky and sales associate Evan Nadler represented Balepo Associates. John Malidrino of Mercantile Realty Partners represented Drug Source Inc., whose clientele includes pharmacy benefit managers and human resource personnel.

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