CHICAGO, IL – The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of 7100 Madison, a 50,157-square-foot office and warehouse distribution building in Willowbrook, Illinois.
HFF managing directors Jaime Fink top right photo) and Jeffrey Bramson (top left photo) and director Kenneth Glomb led the investment sales team on behalf of the seller, a subsidiary of Prime Group Realty Trust. CenterPoint Properties purchased the property for $4.3 million free and clear of debt.
7100 Madison was completed in 1998 as a build-to-suit for Trane Company, an international supplier of HVAC equipment, which leases the entire property through December 2015. The property consists of 60 percent office and 40 percent warehouse space and serves as a regional sales and service office and parts distribution facility.
Situated on 4.5 acres at 7100 Madison, the property is close to Interstates 55 and 294 approximately 18.5 miles southwest of downtown Chicago in Willowbrook.
Contacts:
Jaime M. Fink, HFF Managing Director, (312) 528-3650, jfink@hfflp.com
Jeffrey M. Bramson, HFF Managing Director, (312) 528-3650, jbramson@hfflp.com
Kenneth J. Glomb, HFF Director, (312) 528-3650, kglomb@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
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