– Sperry Van Ness Chicago Commercial has completed the sale of an industrial building in Lake Zurich, IL. The property, located at 1200 Ensell Road is a 25,000 SF facility with a mix of three exterior docks, two drive-in-doors and 22-foot ceiling heights on 1.84 acres of land. The parcel was purchased by ScrubAir Systems, Inc, a ventilation and air pollution control equipment company that custom designs and installs systems for large firms and corporations throughout the world. Senior Advisors, Paul Cawthon and Angelo Labriola of Sperry Van Ness, LLC represented the Buyer in the transaction. The property was sold for $1,880,000.
"The buyer had been a tenant in the same business park of Lake Zurich for many years and decided it was time to expand from its smaller facility. We had been working with Tom at ScrubAir for a few years as his business was booming and space was becoming tighter. We are excited to have found the perfect location for ScrubAir to continue to grow. We have seen that manufacturers and businesses are expanding once again.” Labriola & Cawthon said.
Founded in 1987, Sperry Van Ness is one of the largest and fastest growing commercial real estatefirms in the industry, with more than 1,300 Advisors in 38 states. Sperry Van Ness delivers results for clients through a proven business model that provides advanced marketing and technology tools. Based in Irvine, Calif., the firm operates internationally and provides brokerage, consultation, asset management, property management, leasing, accelerated marketing, and auction services. Sperry Van Ness transactions total billions of dollars annually in retail, office, multifamily, industrial, self-storage, hospitality and land transactions.
Sperry Van Ness, LLC is a national full-service commercial real estate advisory firm located at 940 West Adams Street in downtown Chicago. 312.676.1866. For more information, please visit www.svnchicago.com.