ELK GROVE VILLAGE, IL-Clingon Steel, Inc. has paid $3.9 million for a 117,811-sf building at 2525 Arthur Ave., one of the most recent industrial sales in this suburb next to O’Hare International Airport. The company is moving operations from Melrose Park and Hammond, IN.

In an unrelated deal, Danco Packaging paid $1.4 million for a 38,118-sf building at 1901 Greenleaf, relocating from nearby Bensenville.

Bank One financed Clingon Steel’s purchase of a building with 24-feet ceiling heights, while American Community Bank wrote a $1.3-million mortgage for 1901 Greenleaf.

Paine/Wetzel · ONCOR International senior vice presidents Michael L. Gazzola and Donald S. Jaffe, SIOR represented Clingon Steel in negotiations with Ron DiCianni, who represented H & H Real Estate.

Paine/Wetzel · ONCOR International vice president Robert J. Morandi represented Prospect Heights-based Jeuck Real Estate in negotiations with Rick Daly of Darwin Realty.

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