Business

Avison Young brokers sale of Mount Prospect buildings

Posted May 24, 2019 1:00 am

MOUNT PROSPECT - Avison Young has negotiated the sale of a 182,298-square-foot industrial property at 1900-2000 Carboy Drive in Mount Prospect.

Terms of the sale were not announced

The two-building, multi-tenant complex is currently 90% leased. The buildings are located on 8.23 acres in the O'Hare submarket. Tenants in these two buildings benefit from proximity to Algonquin Road, I-90, and the Union Pacific Rail Line. The property will also soon connect with O'Hare International Airport upon completion of the Elgin-O'Hare Expressway expansion.

Avison Young Principals Erik Foster and Mike Wilson, based in the company's Chicago office and members of the firm's national industrial capital markets group, represented the owner, Chicago-based Brennan Investment Group. The team worked in conjunction with Avison Young Principals Chris Lydon and Chris Tecu, who are also based in the Chicago office. The buyer was San Francisco-based Glen Una Management Company.

Avison Young has negotiated the sale of a 182,298-square-foot industrial property at 1900-2000 Carboy Drive in Mount Prospect. Photo courtesy Avison Young

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