An industrial building at 3800 Commerce Drive in St. Charles, IL, was sold for $1,190,000. The property spans 10,696 square feet and was acquired by Labels & Specialty Products from the seller Voestalpine Eifeler Coatings in the Saint Charles market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,190,000
• Buyer: Tom Tyndall - Labels & Specialty Products
• Seller: Voestalpine Eifeler Coatings
• Buyer's Rep: Andrew Block - Lee & Associates
• Seller's Rep: Marko Kaplarevic & Michael Marconi - Transwestern
• SF: 10,696
• PPSF: $111

Andrew Block of Lee & Associates played a key role in the deal, representing the buyer Labels & Specialty Products, enabling them to expand their operations with the purchase of the industrial property. The purchase allows the buyer to enhance their business while maintaining operations at their existing 23,000-square-foot headquarters.