1200 Technology Way, Libertyville, IL
Project Size: 84,000 SF on 8.3 acres
Project Type: Acquisition of Leased Headquarters Building
Opportunity: Midwest acquired a functional, single tenant property leased to a growing high tech manufacturing company
Value Added:
- Acquired the property with a below market lease rate in place resulting in a below market purchase price
- Negotiated complex lease amendment before closing to improve on the deficient existing lease document that was in place
- Improved the property and investment through active management and strong tenant relations