ELK GROVE VILLAGE -- Brown Commercial Group recently completed industrial transactions totaling 30,773 square feet throughout the West and Northwest suburbs. Brown Commercial Group Broker Maria McNeil represented KENT Industrial Corp. in purchasing a 12,498-square-foot building at 1630 Shanahan Drive in South Elgin. The buyer is a global machine tool distributor based in Taiwan that is...
Brown Commercial Group recently completed industrial transactions totaling 30,773 square feet throughout Chicago’s western suburbs. Brown Commercial Group broker, Maria McNeil, represented KENT Industrial Corp. in purchasing a 12,498-square-foot building at 1630 Shanahan Drive in South Elgin, Illinois. The buyer is a global machine tool distributor based in Taiwan that is expanding its U.S. operations. Steve...
Brown Commercial Group partner, Mike Antonelli, represented both the buyer and the seller in the sale of a 22,596-square-foot building at 330 Fay Avenue in Addison, Illinois, in Chicago’s DuPage County submarket. Financial details were not disclosed. The seller was an out-of-state private partnership. The buyer was a tenant, Stuever and Sons, which provides bar and...
ADDISON -- Brown Commercial Group Partner Mike Antonelli represented both the buyer and the seller in the sale of a 22,596-square-foot building at 330 Fay Ave. in Addison. In 2016, Antonelli had advised the seller to divide the building into two tenant spaces to maximize its value in the marketplace. Stuever and Sons committed to leasing...
Brown Commercial Group negotiated a 26,000-square-foot industrial building sale in Chicago’s western suburbs as part of a two-transaction process that is moving a business owner into a modern, more efficient facility. Senior broker Jim Pietrarosso represented Foderaro Investment Partnership Corp. in buying a building at 2475 Millennium Drive in Elgin, Illinois for $2,050,000. The facility will...
Brown Commercial Group brokered one building sale and four leases in the western and far western Chicago suburbs, totaling 25,036 square feet of industrial space. Each of the new leases was to a business that is expanding. “Market dynamics, including strong demand for industrial space, [are] pushing tenants farther out from the urban core or causing...
ELK GROVE VILLAGE -- Brown Commercial Group brokered one building sale and four leases in suburbs, totaling 25,036 square feet of industrial space. Brown Commercial Group Broker Brian Lindgren represented both the seller. MF II LLC, and the buyer, Component Management Group LLC, in the sale of a 10,052-square-foot building at 365 Production Drive in South...
Brown Commercial Group represented All American Nut and Candy Corp. in its lease of 24,923 square feet at 255 Beinoris Drive in Wood Dale, Illinois. The dry food products warehousing and distribution company is doubling its space from its previous location in Bensenville, Illinois. The fully air conditioned warehouse was built in 1987 and includes 3,700...
WOOD DALE -- Brown Commercial Group represented All American Nut and Candy Corp. in its lease of 24,923 square feet at 255 Beinoris Drive in Wood Dale. The dry food products warehousing and distribution company is doubling its space from its previous location in Bensenville. "The tenant has seen significant growth in recent years and wanted...
Brown Commercial Group represented Fox Valley Containers in moving its corporate headquarters from a 20K SF East Dundee location to a 33K SF industrial space at 300 Exchange Drive in Crystal Lake. Colony Industrial owns 300 Exchange Drive, and was represented by Entre Commercial Realty’s Dan Benassi. Sourced by BISNOW
