25,500-SQUARE-FOOT FACILITY ACQUIRED IN ILLINOIS

SCHAUMBURG, ILL. — Crescend Technologies, a communication equipment designer and manufacturer, has purchased a 25,500-square-foot property in Schaumburg. Located at 140 E. State Parkway, the state-of-the-art facility features an air-conditioned production area, office space, engineering space and heavy power. The buyer plans to use the facility as its corporate headquarters and manufacturing center. Dan Smolensky of The Modal Group represented the buyer. The seller was not disclosed.