Darwin REALTY ANNOUNCES NORTHWEST SUBURBAN BUILDING SALE
(Elmhurst, Illinois – SEPTEMBER 27, 2016) – Darwin Realty is pleased to announce the firm represented the seller, JJS Properties, in its disposition of a 53,289 square foot property on 5.6 acres at 1500 Busch Parkway in Buffalo Grove, IL. Darwin’s Dan Prendergast represented JJS Properties. The buyer, Knipex Tools, LP, is the North American sales and marketing organization of the German hand-tool manufacturer. The buyer is expanding and will relocate their operations from Arlington Heights.
“The property was listed in April and sold just four months later, which reflects the strong market for functional real estate in a great location like Buffalo Grove,” said Prendergast.
Brian Properties’ Brian M. Hellgeth was the exclusive representative of the buyer in this transaction.