Franklin Street Properties Sells Office Property In Elk Grove Village For $29.1M

The office property located at 50 Northwest Point Boulevard in Elk Grove Village has been sold for a total price of $29,100,000. The transaction took place on March 23, 2023. The property measures 177,000 square feet and has a price per square foot of $164. The seller of the property was Franklin Street Properties, represented by George Carter.

Summary of transation details

• Property Type: Office
• Transaction Amount: $29,100,000
• Square Footage: 177,000
• Price Per Square Foot: $164
• Address: 50 Northwest Point Boulevard, Elk Grove Village
• Market: Elk Grove Village

The deal was facilitated by George Carter from Franklin Street Properties. He represented the seller in the transaction. The property, situated on 10 acres of land, offers a valuable investment opportunity in the Elk Grove Village market.