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.
One Oakbrook Terrace Suite 400
Oakbrook Terrace IL 60614
Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, capital markets and investment sales representation for owners and occupiers of commercial real estate in the metro Chicago market. It currently leases and manages a 80+ million SF portfolio of more than 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Hiffman is the Chicago-area representative for NAI Global, the world’s largest managed network of real estate service providers, with more than 6,700 local market professionals managing more than 380 million square feet of property. NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific. For more information, please visit www.naihiffman.com.