Comments Off on DARWINPW REALTY NEGOTIATES SALE OF CAROL STREAM BUILDING TO ILLINOIS FRATERNAL ORDER OF POLICE LABOR COUNCI
DarwinPW Realty President Rick Daly, Principal and Managing Broker George Cibula represented Automobile Mechanics’ Local No. 701 Union in its sale of a 24,000 square foot building located at 450 Gunderson Drive in Carol Stream, IL to the Illinois Fraternal Order of Police Labor Council. The union is relocating from Western Springs. (more…)
Comments Off on DARWIN REALTY/CORFAC INTERNATIONAL EXPANDS WITH ADDITION OF PW COMMERCIAL REAL ESTATE/TCN WORLDWIDE
(Elmhurst, Illinois – JUNE 22, 2022) – Darwin Realty/CORFAC International today announces that beginning July 1, the Chicago-based PW Commercial Real Estate/TCN Worldwide team will join their firm. Following the merger, Darwin Realty/CORFAC International will change its name to DarwinPW Realty. PW Commercial Real Estate’s eight brokers and two staff members will move to the Elmhurst headquarters, and the DarwinPW Realty team expands to 20+ brokers. In 1975, the two firms each started as offshoots of Pain & Sutherlin and are now reuniting to expand market reach and provide shared expertise. (more…)
Comments Off on DARWIN REALTY/CORFAC INTERNATIONAL PROMOTES TWO PROFESSIONALS
(Elmhurst, Illinois – June 7, 2022) – Darwin Realty/CORFAC International is pleased to announce that it has promoted two of its commercial real estate professionals to new roles within the firm. Erin Cibula has been named CFO, and Matt Lewandowski has been promoted to Principal.
“Our business has continued to grow throughout the pandemic as businesses have increasingly needed more warehouse space and more functional office space, and our brokers and property managers have worked hard to keep Darwin on top of our game,” says Darwin Realty/CORFAC International Managing Broker George Cibula. “We are very proud of these two individuals and all that they have accomplished.”
In her new role as CFO, Erin Cibula will continue to manage Darwin’s asset management and accounting departments, as well as lead its operations, finances, and human resources. At Darwin, she has procured more than $450 million in loan and equity funds for Darwin’s investment portfolio. She is a licensed real estate broker in the state of Illinois. She holds an MBA from Northwestern University Kellogg School of Management.
Mr. Lewandowski will continue to work on investment sales, owner representation, and tenant representation as he has in the last 20 years at Darwin. He has participated in more than $940 million in transactions with the firm since 2002.
Comments Off on SPEEDWAGON CAPITAL PARTNERS ACQUIRES PARTNERSHIP INTEREST IN AN INDUSTRIAL REAL ESTATE PORTFOLIO
(Elmhurst, Illinois) September 15, 2020 – Darwin Realty/CORFAC International is pleased to announce that Speedwagon Capital Partners, a Chicago-based private real estate investment firm has purchased an interest in a real estate portfolio owned by industrial real estate veterans George Cibula and Matt Lewandowski of Darwin Realty/CORFAC International. The industrial real estate portfolio was valued at $130 million and consists of 2.2 million square feet across 41 buildings located in the greater Chicagoland area and southern Wisconsin. (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL REPRESENTS LANDLORD IN NEW LOGISTICS LEASE
(Elmhurst, Illinois – July 10, 2020) – Darwin Realty/CORFAC International Managing Broker George Cibula represented building owner Welbic III Racine 6200 LLC in a 115,823 square foot lease to Budd Van Lines. The building at 6200 Regency Drive in Racine, WI, is owned by the investment company co-owned by Cibula and Darwin Realty/CORFAC International’s Matthew Lewandowski. (more…)
Comments Off on Darwin REALTY REPRESENTS TENANT AND LANDLORD IN NEW 174,178 SQUARE FOOT LEASE
(Elmhurst, Illinois –October 28, 2019) – Darwin Realty is pleased to announce the firm facilitated a lease between Axis Warehouse Management and CenterPoint Properties for the third party logistics company’s new 174,178 square foot space at 500 Country Club Drive in Bensenville, Il. CenterPoint Properties’ Senior Vice President of Asset Management Danielle Radtke and their attorney Jerome Richman of Richmond Breslin, LLC supervised the transaction. Axis Warehouse executives Frank Pagone, Ed Louis and Daniel Goldberg, along with their attorney John Chitkowski of Chitkowski Law Offices, worked with the brokerage team. Darwin Realty President Rick Daly led the transaction, with assistance from Managing Broker George Cibula. (more…)
Comments Off on Darwin REALTY ANNOUNCES LEASE RENEWAL FOR CHICAGOLAND QUAD CITIES EXPRESS IN BRIDGEVIEW, ILLINOIS
Darwin Realty announced that Chicagoland Quad Cities Express has renewed their lease for a 412,405 square foot distribution compound in Bridgeview, Illinois.
Chicagoland Quad Cities is a 50-year-old third-party logistics and transportation company that specializes in warehousing and transportation services for many well-known companies. Chicagoland is a warehouse affiliate member of the National Association of Chemical Distributors. They also operate a food grade facility in Bolingbrook, Illinois. Between their Bridgeview and Bolingbrook locations, Chicagoland has 501,000 square feet of warehouse space in the Chicago-market.
Katie Michel, Sr. Vice President of Pritzker Realty Group negotiated the lease on behalf of ownership. Terri Wintermute, President, and Gary DiGrazia, Senior Vice President of Chicagoland Quad Cities Express negotiated the transaction on behalf of Chicagoland Quad Cities.
George Cibula, SIOR, represented Chicagoland Quad Cities Express.
Comments Off on Darwin REALTY ANNOUNCES LEASE RENEWAL AT BOLINGBROOK WAREHOUSE
(Elmhurst, Illinois – September 5, 2017) – Darwin Realty is pleased to announce the firm’s Managing Broker George Cibula represented the tenant, Chicagoland Quad Cities, Inc., in its lease of 89,670 square feet within the 320,722 square foot building located at 9 Timber Court in Bolingbrook, Illinois.
According to Cibula, “Chicagoland Quad Cities is a third party logistics company in an industry that has traditionally been a good indicator of the overall economy. Chicagoland’s continued success shows that many of their customers are thriving and looking to expand their warehouse space. The south I-55 corridor continues to be one of the most active submarkets in Chicago.”
Chicagoland Quad Cities chose to stay in the building because of its prime location in the south I-55 corridor, which is one of the most active areas in the Chicago industrial submarket.
The building owner was represented by Jason West and Sean Henrick of Cushman & Wakefield.
Comments Off on Darwin REALTY SELLS WEST SUBURBAN WAREHOUSE TO U-HAUL/AMERCO REAL ESTATE COMPANY
(Elmhurst, Illinois) – Darwin Realty is pleased to announce the firm’s Managing Broker George Cibula represented the seller in the disposition of a 160,000 square foot warehouse facility located at 950 S. 25th Avenue in Bellwood, Illinois. In this transaction, 950 S. 25th Avenue LLC sold the building to U-Haul/AMERCO Real Estate Company for use as a truck rental and self-storage facility. This will represent an expansion for U-Haul/AMERCO who represented themselves in the transaction.
“This transaction takes an older industrial building and repurposes it to a higher and better use,” Cibula says. “As the market continues to tighten, we expect to see more reuse of outdated buildings such as this one.”
The building features 11,500 square feet of office space, 5,000 square feet of cooler space, 12.5-foot to 19.5-foot clear height ceilings, 14 exterior docks and two interior docks. U-Haul chose this site due to its proximity to I-290 and the large parking lot on the 8.3-acre site with truck parking. The new owner will take occupancy of the building in October.
Comments Off on Darwin Announces $50,000,000 Acquisition and $102,000,000 Finance Project
(Elmhurst, Illinois – February 10, 2016) – Darwin Realty is pleased to announce that Welbic LLC has purchased 15 industrial properties from Venture One Real Estate. These properties contain approximately 900,000 square feet of buildings located from Kenosha, Wisconsin to Alsip, Illinois. There are 22 tenants that occupy the 15 buildings. (more…)
Comments Off on Darwin Realty Clients Renew at Cermak Location
(Elmhurst, Illinois – December 11, 2015) Principal Dan Fanelli, SIOR, and Managing Broker eorge Cibula, SIOR, of Darwin Realty have completed two renewal leases at a two-tenant property at 2101-2171 W. Cermak Road in Broadview, IL. (more…)
Comments Off on Darwin Represents Landlord and Tenant in Long-Term Lease Renewal
Site features outside storage for equipment
Darwin Realty is pleased to announce that Darwin Principal Dan Fanelli, SIOR, and Chairman George Cibula, SIOR, represented Arrow Pneumatics, Inc., in a long-term lease renewal for 43,175 square feet at 2109-2111 21st Street, Broadview, Illinois. (more…)
Comments Off on Darwin Represents Buyer and Seller in Large Transaction
Expanding industrial firm to build new facility in Cook County
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Chairman George Cibula, SIOR, represented both the buyer and the private seller in the acquisition of 7035 West 65th Street in Bedford Park, Illinois, a 437,910-square-foot industrial facility on 13 acres. (more…)
Comments Off on Long Term Lease Renewal for Industrial Building in Broadview
Building is headquarters for national leader in bowling bags
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Darwin Chairman George J. Cibula and Principal Dan Fanelli represented both the landlord, GIS Rolling LLC, and the tenant, Strikeforce Bowling LLC, in the long-term lease renewal at 2001 Parkes Drive, in Broadview, Illinois. Strikeforce leased all of the 53,284-square-foot building, which is on 2.7 acres. The facility is the headquarters for Strikeforce and includes manufacturing and distribution. (more…)
Comments Off on Darwin Represents Private Investor in Disposition
DuPage property offers flexibility in zoning and opportunity along Ogden Avenue
(Elmhurst, Illinois) – Darwin Realty is pleased to announce Darwin Chairman George J. Cibula represented a private investor in the sale of 50 West Ogden Avenue in Westmont, Illinois. The 23,164-square-foot building is on 2.29 acres. The buyer, Breen Horizon LLC, which plans to lease the property, was represented by Brian Butler of The Butler Group.
Comments Off on Welbic Investments Completes 27-Building Portfolio Refinance, Acquires Two Net-Leased Buildings
Darwin Realty represented buyer in purchase of Pactiv and FedEx facilities
(Elmhurst, Illinois) –Welbic Investments, announced today that the company has refinanced a 1.4 million square foot, 27-building portfolio, including two new buildings the investment company recently purchased. The portfolio includes both industrial and office properties with more than 100 tenants located throughout the Chicagoland area and Southeastern Wisconsin. (more…)
Comments Off on Grane Transportation Renews 174,824 Square Foot Bensenville Lease
Darwin Realty represented the building owner, Welbic Investments
(Elmhurst, Illinois) –Darwin Realty and Welbic Investments are pleased to announce that Grane Transporation has renewed its lease of the entire 174,824 square foot facility located at 703 Foster Avenue in Bensenville, Illinois. (more…)
Comments Off on Darwin Completes This Year’s Largest Sale in Will County
A 319,683 SF facility in University Park, IL
(Elmhurst, Illinois) – Darwin Realty today announces that the firm has brokered the sale of a 319,683 square foot industrial building located at 2635 Federal Signal Drive in University Park, Illinois. This is one of the largest industrial sales to a user in Will County in 2014. (more…)
Comments Off on Darwin Represents Seller of Elmhurst Industrial Building
(Elmhurst, Illinois) – Darwin Realty today announces that the firm has represented a private investment group in the sale of a 51,023 square foot building on 2.34 acres located at 945 Larch Avenue in Elmhurst, Illinois. (more…)