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Exeter Property Group Buys Industrial Asset In Buffalo Grove For 180,766 SF

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SOLD

Illinois

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Industrial180,766 SF
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SOLD

Exeter Property Group Buys Industrial Asset In Buffalo Grove For 180,766 SF

951 Commerce Ct, Buffalo Grove, IL...

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Industrial180,766 SF
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:180,766 SF
Transaction Type:Sale

The industrial portfolio consists of two fully leased buildings totaling 180,766 square feet in Covington Corporate Center at 951 and 1001-1011 Commerce Court in Buffalo Grove, IL. 951 Commerce Court is a 95,810-square-foot single-tenant building leased to Veritas Document Solutions, while 1001-1011 Commerce Court is an 84,956-square-foot multi-tenant building housing five tenants.

Summary of transaction details:

The sale of the industrial portfolio was facilitated by Holliday Fenoglio Fowler, L.P. (HFF). The seller was represented by the HFF team led by senior directors Robin Stolberg and Kurt Sarbaugh, along with analyst Sam Berry. Exeter Property Group emerged as the buyer, acquiring the portfolio housed in the prime commercial location of Lake County, Chicago.

Players

Kurt Sarbaugh
6 deals$133M volume
BROKER

Robin Stolberg
JLL
1 deal
BROKER

Sam Berry
1 deal
BROKER

Exeter Property Group
BUYER

Details

SOLD
IMAGE: 951 Commerce Ct, Buffalo Grove, IL... MARKET: Buffalo Grove ASSET TYPE: Industrial SELLER'S REP: Kurt Sarbaugh(JLL), Robin Stolberg(JLL), Sam Berry() BUYER: Exeter Property Group SF: 180766

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