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Unilev Management Acquires Elk Grove Village & Schaumburg Package Deal For $8.25M

Property Image
SOLD
$8,250,000

Illinois

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Package Deal216,000 SF
Sold 04/21/2023
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Property Image
SOLD

Unilev Management Acquires Elk Grove Village & Schaumburg Package Deal For $8.25M

701 Gullo Avenue (147-225 Stanley Street) & 1201 Remington Road

See Similar Deals
Package Deal216,000 SF
Sold 04/21/2023
the dealdetailscomps

Summary

ILLINOIS
Asset Type:Package Deal
Price Per Square Foot:$38
Total Square Footage:216,000 SF
Transaction Type:Sale

Unilev Management has acquired a package deal consisting of properties located at 701 Gullo Avenue (147-225 Stanley Street) and 1201 Remington Road in Elk Grove Village and Schaumburg. The transaction was completed on 04/21/2023. The properties have a combined square footage of 108,000 square feet.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $8,250,000
  • Price per Square Foot: $76
  • Address: 701 Gullo Avenue (147-225 Stanley Street) & 1201 Remington Road
  • Market: Elk Grove Village & Schaumburg

The seller in this transaction was Trident Capital, while the buyer was Unilev Management. The deal was facilitated by brokers Harrison Wagenseil from CBRE and Ross Lehrman, Joe Karmin, Justin Lerner, and Erik Coglianese from Transwestern.

Players

UM
Unilev Management
BUYER
TC
Trident Capital
SELLER

Details

SOLD
IMAGE: Ross Lehrman & Harrison Wagenseil DATE: 04/21/2023 ADDRESS: 701 Gullo Avenue (147-225 Stanley Street) &1201 Remington Road MARKET: Elk Grove Village & Schaumburg ASSET TYPE: Package Deal BUYER: Unilev Management SELLER: Trident Capital (@TridentCapital) BROKER: Harrison Wagenseil - CBRE (@CBRE); Ross Lehrman, Joe Karmin, Justin Lerner & Erik Coglianese - Transwestern (@Transwestern) SALE PRICE: $8,250,000 SF: 108,000 ~ PPSF: $76

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