Business

Lee & Associates brokers three transactions in Elk Grove Village

Posted August 02, 2016 1:00 am

ELK GROVE VILLAGE - Lee & Associates recently handled three commercial real estate transactions in Elk Grove Village.

The company negotiated the sale of a 54,060 square foot warehouse/distribution building at 800-850 Lunt Avenue in Elk Grove Village. Principal Chris Nelson of Lee & Associates represented the buyer, Door for Builders. The seller in the agreement was Sitex Group of Rosemont.

A new lease was negotiated for 47,265 square feet of warehouse/distribution space located at 950 Thorndale Avenue in Elk Grove Village. Principal Chris Nelson of Lee & Associates represented the tenant, Procraft Cabinetry, in the transaction. The landlord in the agreement, Prologis, was represented by Kevin Segerson of CBRE.

Lee & Associates also negotiated the sale of a 62,800 square foot manufacturing building at 1850 Estes Avenue in Elk Grove Village. Principal Chris Nelson of Lee & Associates represented the buyer, CSM Fastener Products Company, Inc. The seller in the agreement, RSI Investment LLC, was represented by Mike Magliano of Cushman & Wakefield.

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