![](https://images.globest.com/cdn-cgi/image/format=auto,fit=contain/https:http://www.globest.com/media/images/gsnewshub_logo.gif)
CHICAGO-An affiliate of W.P. Carey Inc., a real estateinvestment trust based in New York, has paid approximately $17million for an office and industrial facility in northwest suburbanElk Grove Village. The building, which measures 274,000 squarefeet, is located at 2200 E. Pratt Blvd.
Bellaire, Texas-based Shale-Inland Holdings LLC has leasednearly 239,000 square feet and the remaining space is leased toMaterial Sciences Corp. The purchase price equates to $62 persquare foot. For the full story, go to Crain's Chicago Business .
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.