News
DARWINPW REALTY/CORFAC INTERNATIONAL REPRESENTS SELLERS IN ELMHURST BUILDING SALE
DarwinPW Realty/CORFAC International Managing Broker George Cibula and Associate Luke Ferzacca represented the sellers of a 37,136 square foot industrial building at 737 N. Oaklawn Avenue in Elmhurst in its sale to Haskris, a manufacturer and distributor of engineered chillers and heat transfer systems. The buyer owns a building across the street and is planning to expand to the new facility.
“We were able to sell the building without ever putting it on the market. We take a boots on the ground canvassing approach to our listings and were able to identify a buyer within the first week” Ferzacca says. “This sale shows the premium users are willing to pay for high quality industrial assets, especially in good location
The 37,136 square foot building has 13,920 square feet of office space that can be reduced. It has 14.5’ clear height, two exterior docks and one drive-in door. The building’s 2.94-acre site includes 60 parking spaces and a fenced outdoor storage yard. The location also boasts low DuPage County taxes and proximity to the new buyer’s existing location.
Joe Bronson of NAI Hiffman represented Haskris in the transaction.