145
PALATINE, ILL. — Adelphia Properties has arranged the sale of a single-tenant, absolute net-leased property located in Palatine, northwest of Chicago. The 6,173-square-foot property is occupied by Kindercare Learning Center, which has 4.5 years remaining on its lease with two five-year extension options. A private investor acquired the property for $1.6 million. Simeon Spirrison of Adelphia Properties represented the seller, a private investor, in the transaction.