Baxter Credit Union Acquires Office Building In Vernon Hills For $41.5M

The office building located at 340 North Milwaukee Avenue and 300 North Milwaukee Avenue in Vernon Hills has been sold in a recent transaction. The property, spanning 181,000 square feet, was sold by JMS Capital Group, represented by John M. Schneider. The buyer, Baxter Credit Union, was represented by Mike Valentine. The sale price for the property was $41,500,000, resulting in a price per square foot of $229.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $41,500,000
• Square Footage: 181,000
• Market: Vernon Hills
• Buyer: Baxter Credit Union - Mike Valentine
• Seller: JMS Capital Group - John M. Schneider

Mike Valentine and John M. Schneider played instrumental roles as representatives of their respective clients in this office property transaction. Baxter Credit Union, acting as the buyer, was represented by Mike Valentine. JMS Capital Group, acting as the seller, was represented by John M. Schneider. Their expertise and negotiation skills contributed to the successful conclusion of the deal.