Danny Spitz Of Greenstone Partners Represents Buyer And Seller In $18M Skokie Industrial Sale

The asset involved in the transaction is an industrial property located at 3501 West Howard Street in Skokie, which encompasses a total area of 183,000 square feet. The property, known as the WiFi Tech Center, was sold for $18,000,000, translating to a price per square foot of $98. It has maintained a robust market presence with a 20-year average occupancy of 95%.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,000,000
• Square Footage: 183,000
• Address: 3501 West Howard Street
• Market: Skokie
• Price per Square Foot: $98
• Broker: Danny Spitz - Greenstone Partners

The transaction was facilitated by Danny Spitz, who represented both the local private seller and the buyer from California. Greenstone Partners was instrumental in arranging the sale of the property.