News
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.
“This facility provides plenty of space for Budd’s unique operation, which includes vans designed to minimize multiple handlings of customers’ goods to increase efficiency and reduce risks,” Cibula says. “This is especially important in today’s low-touch world. This building and its adjacent parking will be the perfect place for this company to grow.”
Lee & Associates Illinois Principals John Sharpe and Jeff Janda, and Lee & Associates Dallas Principal Reid Bassinger represented the tenant. Budd Van Lines is a trucking and transportation company that performs corporate moves and high-value logistics transportation. Budd Van Lines selected the building because of its expansive parking for 500 cars or 200 trailers and vans. They also liked its location, which was near its previous Racine location, providing convenience to the company’s employees.
The facility in located near Highway 11 and Green Bay Road. It features 2,500 square feet of office space and T-8 lighting. The building was constructed in 1992 and was outfitted with a new roof in 2016.