AJ Leopardo Of Alexander West Capital Acquires Mixed-use Building In Chicago For $7.5M

A mixed-use asset located at 1100 West Monroe Street in the Chicago market has been sold for a transaction amount of $7,500,000. The asset encompasses a total area of 48,500 square feet, priced at approximately $155 per square foot.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,500,000
• Address: 1100 West Monroe Street
• Market: Chicago
• Buyer: AJ Leopardo - Alexander West Capital
• Seller: Thomas N. Koltun - Kolcraft Enterprises
• Buyer's Representative: Jason St. John - Greenstone Partners
• Seller's Representatives: Andrew Davidson, Jay Beadle & David Kimball - Transwestern
• Lender: Busey Bank
• Loan Amount: $12,100,000

This transaction involved Alexander West Capital, the holding company of the Leopardo family, which has acquired the building to establish Leopardo Construction's new city headquarters. The financing arrangements will facilitate the interior buildout of the space, consolidating office and storage operations under a single roof.