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Thursday, November 20, 2008 Industrial
Chicago, Ill.-based Wrightwood Capital has purchased a freezer/cooler industrial building in Schaumburg from a locally-based investor. The deal was brokered by Keith Puritz of CB Richard Ellis and Joel Schneider of Atlas Partners, LLC. The property was the eighteenth acquisition on behalf of Wrightwood's Industrial Property Fund III. Built in 1977, the building is situated on 108,377 square feet of land at 2095 Hammond Drive. It contains over 27,000 square feet with 7,500 square feet of office space. The building, which features 4,100 square feet of mezzanine space, is currently 100 percent leased to Amazing Foods Manufacturing, a manufacturer and provider of food products. Puritz is a senior VP with CBRE's Bannockburn office. He is a member of the firm's Industrial Properties group and is a former senior director with Cushman & Wakefield where he was an industrial broker in the Chicago metropolitan area from 1988 until 2002. Schneider is a former senior manager in the Midwest practice of Ernst & Young's Real Estate Advisory Services group and is also a former VP of portfolio management with American Express' internal corporate real estate department. He is a member of the Turnaround Management Association and the American Bankruptcy Institute. Address: 2095 Hammond Drive, Schaumburg, Ill. Size: 27,000 square feet Built: 1977 Filed Under: Industrial E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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