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