
Lee IL Completes Lease, Sale of Itasca Industrial
Lee & Associates recently closed a lease and sale transaction for a 116,880-square-foot industrial building located at 921 Ardmore Ave. in Itasca, IL. Terms of the sale weren’t disclosed.
Mark Baumhart, CCIM and Jeff Janda, SIOR, principals at Lee & Associates’ Illinois office, were the sole brokers in the investment sale from a private investor to Exeter Property Group. Shortly before the sale, the Lee team also brokered a lease renewal for tenant 4C Logistics, LLC.
- ◦Sale