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ELK GROVE, IL-ML Realty Partners, based in Itasca, has purchased nine single- and multi-tenant industrial manufacturing/distribution facilities totaling approximately 1.3 million sf. Pete Harmon, executive vice president with ML Realty Partners, spoke exclusively to GlobeSt.com, revealing details of the firm's $100-million purchase.

Harmon says the properties, of which the sellers wished to remain anonymous, fit into ML Realty's business model of acquiring "well-located property in any given submarket." With several sites located in Elk Grove Village, Harmon admits that the northwest suburban O'Hare market is especially attractive because of it's central location and access to air, rail, interstate and population.

Properties included in the acquisition include: 2250 Lively Blvd., Elk Grove Village, 108,315 sf; 2301 Greenleaf Ave., Elk Grove Village, 63,080 sf; 1222 Crosslink Pkwy., Belvidere, 180,000 sf; 7770-7830 W. 71st St, Bridgeview, 491,633 sf; 835-45 Lively Blvd., Wood Dale, 65,642 sf; 8811 S. 77th Ave., Bridgeview, 175,647 sf; and 2080-2140 Lunt Ave., Elk Grove Village, 149,120 sf.