DarwinPW Realty/CORFAC International Principal Ed Wabick and Vice President Chris Mergenthaler represented Lampshades, Inc., a manufacturer and distributor of lamp shades, in its new lease of 16,950 square feet at 5009 W. 66th Street, Units H and I in Bedford Park, IL. The tenant is relocating from a previous location along Ogden Avenue in Chicago. (more…)
Tag Archive: industrial
Comments Off on DARWINPW REALTY/CORFAC INTERNATIONAL REPRESENTS LAMPSHADE MAKER IN NEW LEASE
Comments Off on DARWINPW REALTY/CORFAC INTERNATIONAL BROKERS NORTHWEST SIDE WAREHOUSE LEASE
DarwinPW Realty/CORFAC International is pleased to announce that Associates Marc Hale and Ali Nix represented the landlord in a 20,300 square foot warehouse lease at 4848 W. Lawrence Avenue in Chicago. Meeting Tomorrow, an audiovisual equipment rental company, leased the property to expand its footprint and grow its business. (more…)
Comments Off on DARWINPW REALTY/CORFAC INTERNATIONAL REPRESENTS INDUSTRIAL COMPANY IN BUILDING PURCHASE
DarwinPW Realty/CORFAC International is pleased to announce that Principal Jerry Sullivan represented Apex Industrial Automation, an industrial equipment and motor supplier in its acquisition of a 14,400 square foot building at 222-224 Williams Street in Bensenville, IL. Apex will occupy over half of the building and the balance of the building will be occupied by an existing tenant.
Comments Off on DARWINPW REALTY/CORFAC INTERNATIONAL REPRESENTS BUILDING OWNER IN LEASE RENEWAL
DarwinPW Realty/CORFAC International is pleased to announce that Vice President Mandy Lewandowski represented Welbic III Broadview 21 LLC and Speedwagon Capital Partners in the renewal of a 43,175 square foot lease for the entire building at 2101 W. 21st Street in Broadview, IL. The tenant, Arrow Pneumatics, Inc. manufactures and distributes air preparation products. (more…)
DARWINPW REALTY/CORFAC INTERNATIONAL AND SVN CHICAGO REPRESENTS BUILDING OWNER IN NORTHWEST SIDE INDUSTRIAL LEASEComments Off on DARWINPW REALTY/CORFAC INTERNATIONAL AND SVN CHICAGO REPRESENTS BUILDING OWNER IN NORTHWEST SIDE INDUSTRIAL LEASE
DarwinPW Realty/CORFAC International is pleased to announce that Vice President Terry Lynch, in conjunction with SVN Chicago Industrial Representative Sean Sloan, represented building owner Knox Avenue Realty LLC in its lease of 45,621 square feet at 4350 Knox Avenue to Phoenix Fabricators LLC dba Boomerang Exhibits. The exhibit and display manufacturer are moving operations from their previous location on the southwest side of Chicago. (more…)
Comments Off on DARWINPW REALTY/CORFAC INTERNATIONAL REPRESENTS HVAC MANUFACTURER IN BUILDING ACQUISITION
DarwinPW Realty/CORFAC International is pleased to announce that Associate Marc Hale represented an undisclosed HVAC manufacturing company in its acquisition of a 50,000 square foot building at 2500 Production Drive in St. Charles, IL. The business is expanding and will be moving from a location in Elk Grove Village.
“This property allowed the purchaser to expand into a larger facility and own their own property,” says Hale. “With the larger facility, the purchaser is now able to grow their business beyond what was possible at their previous location.”
The Class B facility features 21-foot clear height, seven docks, one drive-in door, heavy power and 1,500 square feet of office space with 55 parking spaces. The new facility will accommodate the HVAC company’s growing business and workforce for years to come.
The seller, Hill & Smith, was represented by SVN Landmark’s Brian Lindgren.
DARWINPW REALTY/CORFAC INTERNATIONAL VICE PRESIDENT MANDY LEWANDOWSKI REPRESENTS WELBIC IN SEVERAL LEASESComments Off on DARWINPW REALTY/CORFAC INTERNATIONAL VICE PRESIDENT MANDY LEWANDOWSKI REPRESENTS WELBIC IN SEVERAL LEASES
DarwinPW Realty/CORFAC International newly promoted Vice President Mandy Lewandowski represented Welbic Investments, LLC, of which Speedwagon Capital Partners is a partner, in several recent lease transactions throughout the Chicagoland area. Nine transactions totaled 118,609 square feet in the Chicago area. (more…)
DARWINPW REALTY/CORFAC INTERNATIONAL VICE PRESIDENT DAN PRENDERGAST REPRESENTS LADI INVESTMENTS IN TEN LEASESComments Off on DARWINPW REALTY/CORFAC INTERNATIONAL VICE PRESIDENT DAN PRENDERGAST REPRESENTS LADI INVESTMENTS IN TEN LEASES
DarwinPW Realty/CORFAC International Vice President Dan Prendergast represented Ladi Investments, LLC, in 10 recent lease transactions totaling 33,181 SF in Kenosha, Wisconsin. Ladi Investments, LLC purchased the eight-building, 277,982 SF light industrial complex last fall and Prendergast has negotiated lease extensions and new leases with 10 companies since taking over the leasing in 2022. (more…)
Comments Off on DARWINPW REALTY COMPLETES SALE OF FORMER DEAN FOODS LOCATION
DarwinPW Realty’s Principal Jerry Sullivan and Axiom Advisors represented the seller, NDSM Franklin Park, LLC, in the disposition of a 102,950 square foot building on a 10.16-acre site at 3600 River Road in Franklin Park, IL. JLL’s Brian Carroll represented a private investor as the buyer in purchasing of the property. (more…)
Darwin REALTY/CORFAC INTERNATIONAL ASSOCIATE MANDY LEWANDOWSKI REPRESENTS BETTER TRUCKS LAST MILE, LLC IN TWO SOUTHEASTERN LEASESComments Off on Darwin REALTY/CORFAC INTERNATIONAL ASSOCIATE MANDY LEWANDOWSKI REPRESENTS BETTER TRUCKS LAST MILE, LLC IN TWO SOUTHEASTERN LEASES
Darwin Realty/CORFAC International Associate Mandy Lewandowski represented third party logistics provider Betters Trucks Last Mile, LLC in its lease of a 30,826 square foot space in Norcross, GA, and a 40,000 square foot lease in Arlington, TX. The growing trucking company is based in Chicago and expanding across the country. For both transactions, she worked in conjunction with CORFAC International network brokers in out-of-state offices. (more…)
Darwin REALTY/CORFAC INTERNATIONAL ASSOCIATE MANDY LEWANDOWSKI REPRESENTS MASTER CUT EDM, INC IN LEASE RENEWALComments Off on Darwin REALTY/CORFAC INTERNATIONAL ASSOCIATE MANDY LEWANDOWSKI REPRESENTS MASTER CUT EDM, INC IN LEASE RENEWAL
Darwin Realty/CORFAC International Associate Mandy Lewandowski represented Master Cut EDM, Inc., in its long-term renewal of a 5,000 square foot lease at 1025 Lunt Avenue Units B and C in Schaumburg, IL. The tenant, which services electrical discharge machining equipment, is leasing two of the buildings five 2,500 square foot units, bringing the building to 100% occupancy. (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL REPRESENTS GARAGE DOOR SUPPLIER IN SUBLEASE
(Elmhurst, Illinois) – Darwin Realty/CORFAC International Rollo Dace, Associate represented Garage Door Supplies in its sublease of 30,000 square feet at 6558 W. 73rd Street in Bedford Park. The manufacturer and distributor of garage doors and related parts was looking for a building with good access to highways in the Chicago area (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL ASSOCIATE MANDY LEWANDOWSKI COMPLETES 44 TRANSACTIONS IN 2020
(Elmhurst, Illinois) – Chicago’s industrial real estate market has remained strong throughout the COVID-19 pandemic, says Darwin Realty/CORFAC International Associate Mandy Lewandowski, who completed 44 transactions totaling more than 400,000 square feet in 2020. Many of the transactions were leases that brought buildings to 100% occupancy, and many were renewals with rent increases of 3% or more bringing additional revenue to building owners. (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL LEASES TWO SPACES IN PALATINE TO AUTO RESTORATION SHOP
(Elmhurst, Illinois) – Darwin Realty/CORFAC International Mandy Lewandowski, Associate represented Welbic III Palatine 641 LLC in two leases to Roadster Salon, an automobile restoration firm in the northwest suburbs. (more…)
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(Elmhurst, Illinois) – Darwin Realty/CORFAC International President Rick Daly negotiated a sale and two leases in the western suburbs during the month of February. The transactions in Elk Grove Village and Carol Stream were to businesses growing or adding space in a competitive industrial market. (more…)
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(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…)
Darwin REALTY/CORFAC INTERNATIONAL SELECTED TO REPRESENT VILLAGE OF FRANKLIN PARK IN TWO-BUILDING DISPOSITIONComments Off on Darwin REALTY/CORFAC INTERNATIONAL SELECTED TO REPRESENT VILLAGE OF FRANKLIN PARK IN TWO-BUILDING DISPOSITION
(Elmhurst, Illinois – April 8, 2020) – Darwin Realty/CORFAC International’s Rollo Dace has been selected by the Village of Franklin Park to market two vacant industrial buildings they have acquired through forfeiture. The buildings, located at 9800 Franklin avenue and 9150-58 Grand Avenue, will require extensive improvements to bring them up to the Village standards. However, they are located in a prime location near O’Hare Airport and offer value for intrepid investors looking for properties.
“Industrial and commercial real estate make up 50% of Franklin Park’s land area, and these properties could be a prime investment for someone looking to spruce them up and create modern amenities for interested tenants or buyers,” Dace says. “There’s a tax exemption of 10% on building materials to be used on properties with the Franklin Park Enterprise Zone.” (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 REPRESENTS BUILDING OWNER IN NEW MANUFACTURING LEASE
(Elmhurst, Illinois –September 18, 2019) – Darwin Realty is pleased to announce the firm’s President Richard G. Daly and Associate Chris Mergenthaler represented a private partnership in the lease of its building at 1701 Birchwood Avenue in Des Plaines to Amphenol EEC. The tenant, a manufacturer of electrical, electronic and fiber optic connectors, is relocating its facility from Chicago and Mexico.
“The tenant was attracted to this building because of its heavy power and open floor plan,” Daly says. “The company’s relocation shows that the Midwest, and specifically Chicago, is once again becoming a desirable location for manufacturers because of its labor pool and ease of distribution.” (more…)
Comments Off on Darwin REALTY REPRESENTS GARAGE DOOR SUPPLY COMPANY IN NEW LEASE
(Elmhurst, Illinois –April 30, 2019) – Darwin Realty is pleased to announce the firm’s Associate Rollo Dace represented GDS Garage Door Supplies, Inc., in its new lease of 23,375 square feet at 9405 River Street in Schiller Park, IL. The garage door parts supplier was looking for a larger space in the same area to expand its growing business.
GDS is relocating and expanding from a 5,000 square foot location at 4027 Fleetwood Drive in Franklin Park, IL, more than doubling its existing space. The tenant selected the new location because of its easy access for its customers and ability to retain its employees by staying in the same region. The property is close to O’Hare International Airport and several major highways. It has a 14’ clear height ceiling, two docks, and one drive-in door.
“As a growing company, GDS was looking for a much larger location with good access to supply its customer with the garage parts they need,” Dace says. “This O’Hare warehouse gives the tenant a good central location from which to do its business.”
Paine Wetzel’s Terry Lynch represented the building owner, Schiller 9405 LLC, in the transaction.
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 NEW LEASE AT WEST SUBURBAN INDUSTRIAL BUILDING
(Elmhurst, Illinois – May 8, 2018) – Darwin Realty is pleased to announce the firm’s President Richard G. Daly represented Apex Warehouse Systems, LLC in its new lease of 107,600 square feet at 631 W. Park Avenue in Aurora, IL. The warehouse will serve as additional storage space for the materials handling and storage equipment company.
“This is a large crane-served facility that will help the tenant serve its existing client base and any new clients it may bring in,” Daly says.
The 342,268 square foot building features ceiling heights of up to 40 feet, outdoor storage space for vehicles and equipment, 10 exterior docks, 10 drive-in doors and seven cranes. With easy access to I-88 via Route 31, the building boasts low Kane County taxes.
The building owner, Transbulk Real Estate Limited Partnership, was represented by Transwestern’s Joe Karmin and Justin Lerner.
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 REALTY ANNOUNCES NEW LEASE AT ELK GROVE VILLAGE WAREHOUSE
(Elmhurst, Illinois – June 26, 2017) – Darwin Realty is pleased to announce the firm represented the landlord in a new full-building lease at 951 Fargo Avenue in Elk Grove Village, IL. Darwin President Richard G. Daly represented a private institutional investor in the lease to seasonal food gifts distributor Marketplace Brands, LLC.
The tenant selected the 103,987 square foot building because it was recently renovated and features 22-foot ceilings, 11,000 square feet of office space, 10 dock positions and one drive-in door. The building has a Class 6B tax incentive in place and can be served by rail.
NAI Hiffman’s Joe Bronson and Josh Will represented the tenant.