CIBC Finances $35.64M Acquisition For Industrial Properties In Elk Grove Village And Lombard

The assets involved in this transaction are industrial properties located at 2440 Pratt Boulevard, 1949 Arthur Avenue, 1000 Main Street, and 3160-3196 Kennicott Avenue, situated within the markets of Elk Grove Village, Lombard, and Arlington Heights. The acquisition financing for these properties amounted to $35,640,750, provided by CIBC.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $35,640,750
• Lender: CIBC
• Landlord: Scott McKibben, Matt Kay & Tina Ramos - Matterhorn Venture Partners
• Landlord's Representative: Lucas Borges, Mary Dooley & Emma Berner - JLL
• Loan Type: Acquisition Financing

The transaction was facilitated by a group of key individuals including Scott McKibben, Matt Kay, and Tina Ramos representing Matterhorn Venture Partners as landlords. Lucas Borges, Mary Dooley, and Emma Berner from JLL acted as the landlord's representatives in this deal.