SKOKIE, IL-CMD Realty Investors has filled its 485,000-sf flex building at 7400 N. Linder Ave., signing a 205,142-sf lease with Tech Lighting LLC. Tech Lighting wanted to remain in Skokie, explains Colliers Bennett & Kahnweiler vice president Christopher T. Volkert, SIOR, who represented the company that has been at 7401 N. Hamlin Ave.

Although terms were not disclosed, larger space blocks in this north suburb are available at net lease rates beginning just below $3 per sf. Tech Lighting LLC will consolidate operations in the new location, which allows the company to keep its work force of 300 employees. The 39-year-old building on 16.4 acres near the Touhy Avenue and Edens Expressway interchange, was acquired from AMB Property in 2002 for $12.1 million, according to property records.

CMD Realty Investors recently refinanced 36 office properties in five states with $206 million in two floating-rate loans arranged by Holliday Fenoglio Fowler, L.P. and Cohen Financial. The money came from the Houston office of AIG Global Real Estate Group.

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 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 now!

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

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