Sunday, July 15, 2012

System Source buys Hunt Valley HQ for $7M - Minneapolis / St. Paul Business Journal:

bengeyqafiba1640.blogspot.com
The company went to its Chicago-based (NYSE: FR) earlier this year to ask for a new or to buy the System Source CEO Robert Roswell said in an First Industrial agreedto sell. System which runs technology training classes, now owns the 72,000 square feet of flex space at 330-338 Clubhouse Lane in the Hunt Valleyubusiness district. It leases abou 20,000 square feet of the spacde to Chesapeake Manufacturing and is looking for a tenant for avacantt space, Roswell said. System Source is the building’w fourth owner since the companyu moved into the space sevennyears ago, he said. Its firsrt landlord was Columbia’s Rouse Co.
, whicuh was later acquired by now-bankrup t Chicago firm (NYSE: GGP) in 2004. Generall Growth sold the building to First Industriaoin 2005. Real estate firm LLC, throughb Vice President David Paulson, negotiated the transaction. The sale closer March 31, Roswell said.

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