Lee & Associates of Illinois represents buyer and then seller of an industrial building in Chicago
CHICAGO, Ill.—August 12, 2015— Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed two sales transactions for an 128,100-square-foot industrial building located at 5000 S. Homan Ave. in Chicago. The building has 30’ clear height, 30 truck docks, dual rail spurs and a 14.5-acre site. “There is a lack of functional buildings for sale in the city of Chicago and, therefore, a highly sought after building,” said Walter Murphy.
Principal Walter Murphy, at Lee & Associates’ Illinois office, represented the buyer, Sitex in January in the purchase of the building. He then sold the building on behalf of Sitex to Brite Logistics in June of this year. Dan Reynolds of JLL represented the buyer, Brite Logistics.
For more information, contact:
Walter Murphy, Principal
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