Midwest Industrial Funds buys four-building industrial portfolio in Batavia
Midwest Industrial Funds Buys Four-Building Industrial Portfolio in Batavia
Midwest Industrial Funds recently purchased a 106,000-square-foot, four-building multi-tenant industrial portfolio in Batavia, Illinois, from a private seller.
The properties are located at 175 Hubbard, 900 Paramount, 902 Paramount and 950 Paramount in the Fox Valley Center for Industry Business Park in Batavia.
The portfolio was about 75 percent leased to eight tenants at the time of the purchase. Midwest Industrial plans improvements to the parking lot, exterior facades and interior units.
Michael Androwich Jr. of Lee & Associates is marketing the remaining 15,480-square-foot building at 902 Paramount for sale or lease.
© 2017 Real Estate Communications Group. Duplication or reproduction of this article not permitted without authorization from the Real Estate Publishing Group. For information on reprint or electronic pdf of this article contact Mark Menzies at 312-644-4610 or email@example.com