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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 

Lee & Associates Negotiates Buffalo Grove Industrial Sale

Lee & Associates has closed a $4.25 million sale transaction for a 51,088-square-foot industrial building located at 901 Deerfield Parkway in Buffalo Grove, Illinois.

Tom Boyle, principal at Lee & Associates’ Illinois office, represented the buyer, Paragon Micro, Inc. Rick Hiton of Hiton & Associates represented the seller, Awaken CTTE, LLC. “We conducted a thorough examination of the market and found the ideal solution for the future of Paragon Micro Inc.,“ said Jeff Reimer, Founder, Paragon Micro Inc.

The 51,008-square-foot property was recently renovated in 2018. Paragon Micro is a full-service IT solution provider that specializes in computing hardware, software, and technology solutions.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.