Lee & Associates, one of the nation’s largest commercial real estate providers, was the sole broker in the sale of a 118,041-square-footindustrial building at1020 Olympic Drive in Batavia, IL. This transaction is marks the third-largest user sale this year in the Fox Valley market.
Michael Androwich, Jr., principal at Lee & Associates of Illinois, represented the buyer, Blue Peak Tents,who is currently located in Batavia and expanding their operations.
“The buyer is growing rapidly, and the building size and outside storage capabilities will allow them to consolidate three current locations into the 118,041-square-foot facility,” Androwich said.
Nick Eboli and Andrew Block, principals of Lee & Associates, represented the private seller who decided to close their screen printing operation housed in the facility.
“It was a privilege to represent a family with longstanding ties within the community,” said Block. “The new owners are gaining an amazing property that will serve their needs well.”
About Lee & Associates
Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog. For more Lee & Associates of Illinois happenings, connect with us on LinkedIn, Twitter and Instagram.
