(To read more on the industrial market, click here.)
SOUTH HOLLAND, IL-Taft Industrial Partners, LLC, a group led byDeerfield-based Schnoll & Co., has paid nearly $2.5 million fora four-building, 106,040-sf industrial development here. Thebuildings, about 30 years old, will undergo renovations as the newpartnership attempts to increase occupancy from 54%.
Venture One Real Estate principals Steven J. Goode and Roy L.Plansky represented Chicago-based Taft Realty Associates, LLC,which had owned the south suburban property near the intersectionof Halsted and 162nd streets since 1986. Taft Industrial Partnersfinanced its purchase with a $2.1-million mortgage from Shorebank,according to property records.
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