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.
Alliance Hose & Rubber Company, a hose and coupling distributor, has purchased the facility to accommodate the relocation of their headquarters from Elk Grove Village. The company chose this property due to the 22’ clear height ceilings, 5,000 square feet of finished offices and four interior docks with levelers. The building also features upgraded T-5 lighting, heavy power, epoxied warehouse floors and parking for 50 cars (expandable). Close proximity to I-290, Route 83 and York Road provides several easy distribution routes for the company.
The Seller, Welbic Investments was represented by Dan Fanelli, SIOR and George Cibula, SIOR of Darwin Realty & Development Corporation. Johnathan Kohn of Colliers International represented the buyer.