195,101-SQUARE-FOOT OFFICE BUILDING PURCHASED IN ILLINOIS

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NORTHBROOK, ILL. — Northbrook-based Romanek Properties Ltd. has acquired a 195,101-square-foot office building at 400 Skokie Blvd. in Northbrook. The company currently occupies the property. Additionally, the eight-story building is occupied by M. Holland, Ameriprise Financial and Levenfeld Pearlstein. The building also offers a deli and a fitness center. 400 Skokie Boulevard Investors sold the property for an undisclosed price. Paul Lundstedt of Grubb & Ellis represented the seller in the transaction. The acquisition team was led by Romanek Properties Ltd., Bachmann Associates Ltd. and Syndicated Equities Ltd. Ladder Capital Finance provided long-term financing for the acquisition. Bill Barry of Draper and Kramer and Joel Simmons of Grubb & Ellis sourced the acquisition financing.

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