PRESS ROOMNEWS RELEASE
Inland Real Estate Commercial Brokerage, Inc. Announces McHenry, Illinois Land Sale for More Than $1 Million
July 22, 2019Oak Brook, Ill. – Inland Real Estate Commercial Brokerage, Inc. (“Inland Commercial Brokerage”) announced today the sale and closing of a five-acre land site, situated at Route 31 and Bull Valley Road, in McHenry, Illinois for more than $1 million. Senior Vice Presidents of Inland Commercial Brokerage Paul Montes and Eric Spiess facilitated the transaction on behalf of the seller.
The buyers, a partnership between Leo Brown Group of Indiana and Ignite Medical Resorts of Missouri, plan to construct a medical resort-luxury rehabilitation center on the land.
“We are pleased that we were able to identify a niche opportunity for the McHenry community and close on this transaction that will provide residents with access to a rehabilitation facility and skilled nursing staff,” said Spiess.
Inland Commercial Brokerage is a boutique brokerage firm providing sales, acquisition and exchange services to private, public and institutional owners and managers of commercial investment real estate.
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About Inland Real Estate Commercial Brokerage, Inc.
Inland Real Estate Commercial Brokerage, Inc. is a boutique brokerage firm providing real estate solutions for sales and exchanges for private, public and institutional owners/managers of commercial investment real estate. Throughout Inland’s history, its brokerage entities have closed on more than $1.3 billion including 8,700 multifamily apartments and 140 million square feet of commercial real estate. For more information, please visit www.inlandbrokerage.com.