Millennium Properties Arranges IL Warehouse Transaction

The 30,000-square-foot multi-tenant property is part of a business park located in Wheeling, Ill. It consists of 10 units and is fully leased.
Millennium Properties R/E has negotiated the sale of a 30,000-square-foot warehouse located in Wheeling, Ill. The transaction closed at $1.5 million. The brokers in charge of the deal highlighted that smaller warehouses in the greater Chicago area, such as this one, often command a higher price per square foot as they are in limited supply…

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