REBusinessOnline

Marcus & Millichap Negotiates Sale of 56,326 SF Industrial Building in Lockport, Illinois

LOCKPORT, ILL. — Marcus & Millichap has negotiated the sale of a 56,326-square-foot industrial building in the Chicago suburb of Lockport for an undisclosed price. The building sits on a little over seven acres at 900 N. State St. Originally constructed in 1970, the property has received multiple expansions and is currently 83 percent leased to eight tenants. Brent Holder and Peter Doughty of Marcus & Millichap represented the seller, a local private investor who had owned the building for more than 20 years. A Mexico-based private investment group was the buyer.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties