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ELK GROVE VILLAGE, ILL. — Gemstone Real Estate Partners has completed the sale of a 36,664-square-foot industrial building located at 1225 Greenleaf Ave. in Elk Grove Village. Magnetic Inspection Laboratory Inc acquired the building for approximately $2.25 million in order to accommodate its growth. The facility is part of a two-building industrial complex that Gemstone purchased in September of last year; the second building, 1331 Greenleaf Avenue, remains available for sale or lease. Matthew Stauber, Thomas Rodeno and Jonathan Kohn of Colliers Bennett & Kahnweiler represented Gemstone in the disposition. The buyer was represented by Michael Hawryluk and Britt Casey of Cushman & Wakefield of Illinois.

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