ELK GROVE VILLAGE, ILL. — Sitex Realty Group has acquired 850 Lunt Avenue in Elk Grove Village for an undisclosed price. The 54,060-square-foot industrial property features four interior truck docks, 18-foot clear heights and 44 parking spaces. The seller was Woodstock, Ill.-based Timpe Limited Partnership. Larry Goldwasser and Jay Maher of NAI Hiffman represented the seller in the transaction.
Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management and investment sales representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages a 77+ million SF portfolio of over 600 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit www.naihiffman.com.