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Chicago & Midwest  + Greater Chicagoland  + Office  | 

Entre Brokers McHenry Office Sale

Entre Commercial Realty has brokered the sale of a 65,000-square-foot office/flex building located at 1391 Corporate Drive in McHenry, IL to Papazyan Capital Group. Pricing was not disclosed.

The property was previously acquired in late 2017 by an Entre investment client, and Entre helped to re-position the asset by highlighting various smaller unit sizes and space configurations coupled with an aggressive pricing structure.

Papazyan plans to utilize a portion of the building for its own use, while also subdividing and leasing out units as small as 3,000 to 5,000 square feet. The property could also be leased to a full floor or larger users as well.

Entre’s Mike DeSerto and Dan Jones represented ownership in the sale, and Entre has also been retained to continue handling the leasing and management of the asset.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition