Another office building along Executive Drive in Brookfield has been sold to an Illinois investor.
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Executive Center III[/caption]
Executive Center III, 125 N. Executive Drive, was purchased by Irving Sterling Venture LLC, which is registered to Chicago-based commercial real estate investor group Sterling Properties
for $3.3 million according to state records.
The three-story, 55,678-square-foot property was previously owned by Brookfield-based VFC Properties 27 LLC. It has an assessed value of $3.3 million, according to county records.
In April, Executive Center VI, 400 N. Executive Drive, was acquired by
Executive Center VI/Brookfield, LLC which is an affiliate of Northbrook, Illinois-based Arthur Goldner & Associates, Inc. for $10.6 million. It has an assessed value of $6.5 million, according to county records.