115,000 SF FLEX BUILDING IN ARLINGTON HEIGHTS SELLS FOR $2.7M

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ARLINGTON HEIGHTS, ILL. — Weber Atrium Centre LLC has sold an 115,000-square-foot flex building in Arlington Heights, about 30 miles northwest of Chicago, for $2.7 million. RMS Properties purchased the property, which is located at 715-723 Algonquin Road. The building, which fronts Interstate 90, is approximately 80 percent office. Tenants at the property include the State of Illinois and AVI Systems Inc., which signed a lease for 23,000 square feet earlier this year. Ed Lowenbaum and Jason Talanian with Chicago-based Lowenbaum REP represented Weber Atrium Centre LLC in the transaction. Kelly Joyce and Jason Simon of Colliers International represented RMS Properties.

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