The industrial facility at 2001 Arthur Ave in Elk Grove Village, IL has been sold in a transaction negotiated by Brown Commercial Group. The 126,537-square-foot property situated on a 4.2-acre lot was acquired by Seefried Industrial Properties Inc. The buyer intends to construct an 80,000-square-foot warehouse on the site, replacing the existing building. The details of the transaction's financials have not been disclosed.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: Not disclosed
• Address: 2001 Arthur Ave, Elk Grove Village, IL
• Market: Elk Grove Village
• Seller's Rep: Mason Hezner (Brown Commercial Group), Mike Antonelli
• Buyer: Seefried Industrial Properties Inc
• Seller: Spirit Realty Capital
• Square Footage: 126,537

The seller, Spirit Realty Capital, was represented by Mike Antonelli and Mason Hezner of Brown Commercial in the transaction. On the other side, Seefried Industrial Properties Inc was represented by Jonathan Kohn of Colliers International, further facilitating the sale of the industrial property in Elk Grove Village.