Cardinal Industrial Acquires 210,000 SF Industrial Asset In Lake Zurich For $25.5M

1275 Ensell Road in Lake Zurich features a 210,000 square foot industrial asset that has been sold for $25,500,000, translating to a price per square foot of $120. The market for this property is noted to be Lake Zurich.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,500,000
• Address: 1275 Ensell Road
• Market: Lake Zurich
• Square Footage: 210,000
• Price Per Square Foot: $120
• Buyer: Cardinal Industrial
• Seller: GereMarie Corporation
• Buyer’s Representative: Lyman Phillips & Jeff Feldman - Golden Lion Capital Investments
• Seller’s Representative: Paul Cawthon & Angelo Labriola - SVN

Golden Lion Capital, based in Palm Beach, Florida, successfully represented Cardinal Industrial in this transaction. The firm is focused on industrial, retail, and office assets across the United States and is expanding its operations within the greater Chicago market.