Lee & Associates Represents Buyers, Sellers in Several Illinois Transactions

CHICAGO—Lee & Associates has closed several acquisitions and dispositions on behalf of its clients from its Illinois office.

Highlights include:

  • Representing Futuro Zuccher LLC in its purchase of 147,872 sq. ft. of industrial space at 1145 101st Street in Woodridge. Jeffrey Janda and James Planey, principals at Lee & Associates represented the buyer in the transaction, while Randall A. Koch, Fred Freeman and Mitch Rothstein of Transwestern represented building ownership.
  • Representing CenterPoint Properties in its disposition of 2600 E. 107th Street in Woodridge. Janda and Plany represented the seller in the sale of the 102,655-sq.-ft. industrial property, while Brian Carroll of Grubb & Ellis represented the buyer, Press-On Inc., in the transaction.
  • Representing Midwest Industrial Funds in its purchase of 1000 W. Crossroads in Bolingbrook, a 72,000-sq.-ft. multitenant industrial/flex property. Jeff Galante, principal, represented the buyer in the transaction. Lori Saulters of Lagestee-Mulder Realty represented the seller Synergy Property Holdings. Constructed in 2008, the property sits on 4.5 acres and features I-55 visibility, 21-ft. clear ceilings, an ESFR sprinkler system, 133-car parking, as well as dock-high loading and individual grade-level door loading in each unit. It was approximately 33 percent occupied at closing. Galante is the leasing/sales broker for the available 51,000 sq. ft.
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