1200 Technology Way

Libertyville, IL

1200 Technology Drive

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.