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Local Investment May Indicate Industry Progress
Local investors are jumping back into commercial real estate and we are proud to have been able to assist one of our long term clients purchase in the Chicago market. Ventures of the Henry Crown & Co. recently purchased three properties in the Western suburbs of Chicago and relied upon LM Consultants to provide physical due diligence services. Many spectators are pointing to acquisitions like these as a signal that there has been a return in confidence for real estate in the local market.
The three buildings were located in Oakbrook Terrace and Clarendon Hills and totaled approximately 147,000 square feet.
More information can be found via the Crain’s Chicago Business article available here: http://bit.ly/byyyn2
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