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.