Sonica International Inc. Acquires 39,879 Square Foot Industrial Building In Elk Grove Village For $5.18M

Sonica International, Inc. acquired an industrial building located at 1951 Lively Boulevard in Elk Grove Village, Illinois. The asset was transacted for a total price of $5,180,000 and has a total size of 39,879 square feet, resulting in a price per square foot of approximately $130.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,180,000
• Address: 1951 Lively Boulevard
• Market: Elk Grove Village, IL
• Square Footage: 39,879
• Price Per Square Foot: $130
• Buyer: Sonica International, Inc.
• Seller: FD Venture Company, LLC
• Buyer's Representative: Dustin Albers - Lee & Associates
• Seller's Representatives: John D’Orazio, Jonathan Kohn & Tommy Karnig - Colliers

Colleagues involved in the real estate transaction include Dustin Albers from Lee & Associates, who represented the buyer, and a team from Colliers comprising John D’Orazio, Jonathan Kohn, and Tommy Karnig, who represented the seller in this deal.