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Sensient Pays $5.6M for Hoffman Estates R&D Bldg.

Sperry Van Ness Handles Sale of Givaudan Flavors Property
February 20, 2013
Sensient Flavors LLC, a subsidiary of Milwaukee, WI-based Sensient Technologies Corp., acquired 5115 Sedge Blvd. at Prairie Stone Business Park in Hoffman Estates, IL. Givaudan Flavors Corp. sold its property for $5.65 million, or about $86 per square foot.

The 66,041-square-foot, Class B flex building was built in 1995. The research and development lab structure is set on 9 acres, according to CoStar information.

Olivia Czyzynski, Anthony Lopes and Gene White of Sperry Van Ness' Chicago and Memphis offices represented the seller.

Please see CoStar COMPS #2658911 for more information on this transaction.

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