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…)
Tag Archive: Warehouse
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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…)
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(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.
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(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.