"Investors are continually looking for properties that providestability with a strong return on investment," says Sperry VanNess/AML Commercial Real Estate Advisors senior advisor Albert M.Lindeman, who represented Downers Grove-based APEX 500 LLC. "Thebuyer was attracted to this property because of the premiercondition and ideal location."
Michael Van Zandt of NAI Hiffman represented Oak Brook-basedPrivate Trust. Property records indicate the acquisition of the13,180-sf building was financed with a $1.1-million mortgage fromCharter One Bank.
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