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. DarwinPW Realty’s Senior Vice President Jeffrey Provenza and JLL’s Brian Carroll represented a private investor as the buyer in purchasing of the property. (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL REPRESENTS AIR CARGO HANDLING SERVICE IN NEW O’HARE AREA LEASE
Darwin Realty/CORFAC International Senior Vice President Jeffrey J. Provenza and Associate Todd Hendricks represented Alliance Ground International, LLC, in its new lease of 253,000 square feet at 1717 Busse Road in Elk Grove Village, IL. The tenant is an airline cargo handling service that is expanding its footprint in the Chicago area. (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL REPRESENTS RESTRICTED ARTICLE SPECIALISTS IN NEW LONG-TERM LEASE
(Elmhurst, Illinois) – Darwin Realty/CORFAC International Senior Vice President Jeffrey Provenza and Associate Sam Lepore represented Restricted Article Specialists, Inc., in its long-term lease of 17,826 square feet at 501 Eastern Avenue in Bensenville. The new tenant specializes in the packaging and transportation of materials and is relocating to a larger facility. (more…)
Comments Off on Darwin REALTY/CORFAC INTERNATIONAL REPRESENTS GARAGE DOOR SUPPLIER IN SUBLEASE
(Elmhurst, Illinois) – Darwin Realty/CORFAC International Senior Vice President Jeffrey Provenza and Associate Rollo Dace recently worked together to represent 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 PROMOTES JEFF PROVENZA TO SENIOR VICE PRESIDENT
(Elmhurst, Illinois – June 23, 2020) – Darwin Realty/CORFAC International announced that Jeffrey Provenza has recently been promoted to Senior Vice President. Mr. Provenza offers a full range of brokerage services including tenant/owner representation, acquisition/disposition services, build-to-suit projects, and investment sales. He has completed more than 8.5 million square feet in transactions totaling more than $200 million throughout his 10-year career at Darwin Realty/CORFAC International. (more…)
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 Vice President Jeffrey Provenza and 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.