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ITASCA, ILL. — New York City-based Falcon Real Estate Co. has arranged the sale of a 75,000-square-foot office building, located at 425 Spring Lake Dr. in Itasca, for $8.77 million, or $117 per square foot. The vacant Class B office building is situated on 7.2 acres. It was previously leased to Riverside Publishing, which recently moved out. Falcon represented the seller, 425 Spring Lake Corp.; the office building was acquired by a non-profit organization that provides medical services.