M&M ARRANGES $1.7M SALE OF 48,101 SF INDUSTRIAL BUILDING

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DES PLAINES, ILL. — Marcus & Millichap has arranged the $1.7 million sale of 100-180 Touhy Court, an industrial complex in Des Plaines, located about 20 miles northwest of Chicago. Paul Tesdal and Stephen Lieberman, investment specialists in Marcus & Millichap’s Chicago office, marketed the property on behalf of the seller, a private investor. The buyer, a fund manager, was also secured and represented by Paul Tesdal and Stephen Lieberman. The property is comprised of two flex/industrial properties totaling 48,101 square feet, each built in 1989. The buildings were 72 percent occupied at the time of sale.

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