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Arlington Heights Flex Industrial Sells After One Day on Market - Connect CRE
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Arlington Heights Flex Industrial Sells After One Day on Market - Connect CRE
Marcus & Millichap closed the sale of 545 E. Algonquin Rd., a 111,667-square-foot flex industrial property in Arlington Heights, IL. The property sold for $13 million. “This opportunity was on market for just one day and traded at full list price, showing the high demand for well-located flex industrial assets in the Chicagoland area,” said Peter Doughty, first VP investments. “The property not only provides the buyer with immediate stable retu…
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