July 6, 2020
Entre Commercial Realty recently represented the undisclosed buyer of a 23,108-square-foot, single-tenant industrial property at 320-350 Industrial Dr. in South Elgin, IL.
A private investment group recently closed on the acquisition for an undisclosed sum. The property is 100% occupied and was an off-market transaction at the time of sale.
Entre was able to identify the investment opportunity through market familiarity and first-hand information from both the tenant and landlord representative. The property features six drive-in doors, two docks, new parking lot, recent office renovations and a long-term tenant which made this an attractive addition to the purchaser’s portfolio.
Entre’s Cory Kay and Mike DeSerto represented the buyer in this transaction. Bruce Granger of NAI Hiffman represented the unidentified sellers.
For comments, questions or concerns, please contact Paul Bubny