Brown Commercial closes industrial building sale

April 10. 2024 –Brown Commercial Group negotiated an industrial building sale in Chicago’s northwest suburban market. The listing generated multiple offers and secured a $1.51 million price that exceeded the asking price.

As noted in the IL Real Estate Journal, Vice President of Sales Mason Hezner represented the owner of a Carstar autobody franchise in selling the specialized building at 3212 S. Nordic Road in Mount Prospect, IL. The industrial building sale price was $110,500 over the asking price.

The buyer was 3212 S. Nordic LLC and was represented by Matt Kotapka of Executive Realty Group, LLC.

Also, Brown Commercial Group Broker Candace Scurto negotiated a 5,650-square-foot industrial lease in the O’Hare submarket. Scurto represented the landlord, a private investor, in securing a tenant for the space at 975 Cris Circle in Elk Grove Village, IL. The tenant is Chicago Filter Supply Co, a filter supply company that will be moving from a nearby location.

Joe Bronson of NAI Hiffman represented the tenant.