Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
MOB Complex in Libertyville Trades to Out-of-State Buyer
The American Way Corporate medical office building complex sold at 1232-1280 American Way in Libertyville, IL. Terms of the deal weren’t disclosed.
Albert Lindeman and Nathalie Fisher of SVN | Chicago Commercial represented the out-of-state buyer, working closely with them for more than six months. The campus-like setting is ideal for their existing portfolio, SVN | Chicago Commercial said.
“Demand for quality construction with quality tenants are still a high priority,” said Lindeman.
The undisclosed buyer was motivated to purchase the complex due to the current medical tenant mix occupying the building, according to SVN | Chicago Commercial.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition