Located at 1275 Karl Ct, Wauconda, IL, 60084, the property involved in this lease transaction is an industrial asset with a square footage of 56,579. The high cube distribution facility was 100 percent net leased and was sold to One Liberty Properties. Newmark Knight Frank (NKF) represented the seller, a private investor, in the sale. The property was fully leased to ECHO Incorporated, a developer and manufacturer of professional grade handheld outdoor power equipment. The tenant's representative, Nicholas (Nick) Walby of Entre Commercial Realty LLC, facilitated the lease negotiations.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Tenant: ECHO Incorporated
• Landlord: Unknown

Adam Marshall, SIOR, CCIM, and Boris Shraybman, both of NKF’s Chicago capital markets team, played crucial roles in arranging the lease and sale of the property. The full-building lease to ECHO Incorporated provided investors with the opportunity to acquire a high cube distribution facility 100 percent net leased by a strong credit tenant. Additionally, Marshall and Shraybman also facilitated another industrial investment sale in the Chicagoland area, demonstrating their expertise in the real estate market.