United Trust Fund (“UTF”), the oldest real estate investment firm specializing in saleleasebacks throughout the United States, announced today the acquisition of the Standard Bank and Trust Company’s 5-story corporate headquarters in Hickory Hills, Illinois, as well as a banking center in Oak Lawn, Illinois. Standard Bank is a $2.2 billion financial institution. United Trust Fund purchased both properties and leased them back under a primary lease term of 10 years. United Trust Fund is a national leader in corporate sale-leasebacks and build-to-suit projects. Now in its 43rd year, UTF focuses on the purchase and leaseback of all real estate types from both public and private companies throughout the United States.
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