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VEREIT Buying Esplanade HL's Algonquin Property for $6.3 Million

Thursday, 11 May 2017 02:13
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Judge Carol A. Doyle of the U.S. Bankruptcy Court for the Northern District of Illinois will convene a hearing on May 10, 2017, at 10:00 a.m. to consider the bidding procedures of Esplanade HL, LLC ("EHL") and its debtor-affiliates, in connection with EHL's commercial real property located at 2360 South Randall Road in Algonquin, Illinois, to VEREIT Acquisitions, LLC or its designee or assignee, for $6,264,000, subject to overbid.

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