Also in DuPage County, the purchase of a 79,380-sf building at 1600 Downs Dr. in West Chicago was financed for $2.6 million. The building was acquired by 1600 Downs, LLC.
Meanwhile, a 78,146-sf building at 3300 W. Oakton St. in north suburban Skokie was refinanced for $4.85 million, according to property records. Earlier this year, Cohen Financial helped arranged the loan for the $2.55-million sale-leaseback of the property by General Automation.
All three deals were at 75% loan-to-value, for 10-year terms with 25-year amortization, with pricing based on 10-year Treasury rates. Steve Skok originated the Carol Stream mortgage while Don Trossman originated the other two, which were funded by Thrivent Financial, according to property records.
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