Midwest industrial sale closes

Out-of-state buyer bags property

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Marcus & Millichap recently brokered the sale of a 317,000-square-foot industrial building in Rantoul, Ill. The value of the transaction was approximately $11.4 million. WP Carey of New York sold the Bell Sports Facility to a private buyer from California. Encino, Calif.-based Marcus & Millichap is a real estate investment brokerage company. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....