Collin Tyrrell completes Lake County real estate dealsBrown Commercial Group
Feb. 28, 2023 — Brown Commercial Group Broker Collin Tyrrell negotiated two Lake County real estate transactions, including a 25,600-square-foot industrial building sale and an office lease. The transactions were part of three recent deals totaling 35,345 square feet.
Tyrrell represented the seller, Falling Waters Development LLC, in the sale of 2910 Falling Waters Blvd. in Lindenhurst, Illinois. Tyrrell overcame several challenges in coordinating the timing of the Lake County real estate sale and helping the seller transition their office functions to a nearby location.
The sales price was $1.85 million. The seller was selling its warehouse space and moving its office operations to a 5,500-square-foot space at 1225 Tri State Parkway in Gurnee, Illinois.
“This was a complex transaction with many moving parts and deadlines to coordinate,” said Tyrrell. “By closely tracking the sale timeline and the availability of office space in Lake County, I was able to support the client in these moves while minimizing the risk that delays might pose to their business operations.”
Tyrrell also negotiated a 4,245-square-foot industrial lease at 28457 Ballard Drive, Unit E in Lake Forest, Illinois, for Federalist Antiques, which is expanding in the market.
This real estate news was featured in the Illinois Real Estate Journal.