(To read more on the industrial market, click here.)
CHICAGO-Centrum Properties has purchased three industrialproperties, built between 1989 and 1992, from an affiliate of GECommercial Finance. Terms of the sale of Bradley Place BusinessCenter were not disclosed, says U.S. Equities, which representedthe seller.
The 152,000-sf complex, at 2630 W. Bradley Place, sits on nearlynine acres of land along the north branch of the Chicago River inthe Addison Industrial Corridor. The property was marketed forcontinued use as an industrial facility, but with the possibilityof a site redevelopment for a different use, according to a U.S.Equities statement. The company could not be reached forcomment.
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