Darwin REALTY ANNOUNCES 100,000 SF SALE IN ELGIN
(Elmhurst, Illinois – November 27, 2017) – Darwin Realty is pleased to announce the firm’s Brendan J. Sheahan and Principal, Noel S. Liston represented St. Charles Trading, Inc. in the purchase of a 100,000 SF facility at 1400 Madeline Lane within Randall Point Business Park in Elgin, Illinois.
St. Charles Trading, currently located in Batavia, Illinois, will use the new facility to consolidate and expand multiple warehousing and production operations in the Western suburbs. “The current capital environment and strong investor demand have created a shortage of quality buildings available for owner-occupiers. This institutional-grade facility in Randall Point Business Park was identified as a rare opportunity for our client and its expansion capabilities will serve their needs for many years to come”, said Darwin’s Sheahan.
The seller, Pancor Construction & Development, was represented by Mike Sedjo and Jack Brennan of CBRE.