In Brief: Blagojevich | Hamilton | Okaya
April 15, 2010
By: Staff

... Hamilton Partners has sold a 100,287-square-foot office building in the Woodfield Lakes Office Complex in Schaumburg, in a deal that closed March 19, according to documents filed with the Cook County Recorder. Asphalt and concrete contractor Rabine Group, based in northwest suburban Richmond, paid just over $3 million for the 4-story property at 900 National Parkway, financing the purchase with a $2.6-million loan from First Midwest Bank. Rabine plans to use about 10,000 square feet of space in the building as a showroom for its products, according to a report by Studley Inc. Itasca-based Hamilton was hit with an almost $11-million foreclosure suit on the property last September after Acresso Software Inc. moved out of the building, leaving it almost totally vacant. Hamilton and Rabine representatives did not return phone calls.  ...

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