Brown Commercial brokers five transactions

ELK GROVE VILLAGE -- Brown Commercial Group worked with buyers, sellers, landlords and tenants on five commercial real estate transactions totaling 32,575 square feet across the western suburbs and in Rockford. Each of the transactions included a building user who was opening a new business, adding a new location, or expanding its business footprint. Brown Commercial...

Brown Commercial Group negotiates building purchase for Davey Tree in Lombard

Brown Commercial Group partner, Mike Antonelli, represented The Davey Tree Expert Company, a North American residential and commercial tree and landscaping company, in its purchase of a 10,000-square-foot warehouse situated on a 4.75 acre land site at 1200 N. Lombard Road in Lombard, Illinois. The seller, a locally owned and operated tree care company,...

Brown Commercial Arranges Sale of 10,000 SF Warehouse in Lombard, Illinois

LOMBARD, ILL. — Brown Commercial Group has arranged the sale of a 10,000-square-foot industrial warehouse in Lombard for an undisclosed price. The Davey Tree Expert Co. purchased the property, which is located on a 4.7-acre site at 1200 N. Lombard Road. Mike Anotnelli of Brown represented the buyer, a residential and commercial tree and...

Chicago’s industrial landscape: A look back and ahead at year’s end

Vacancy continues to fall. Build-to-suit development is reaching record highs. A variety of user types are keeping infill areas active. It’s been nothing but good news for the Chicago industrial sector this year. Can the good times last? (In)fill ‘er up! Because industrial users have been attracted to O’Hare and other infill areas for decades, they...

Brown Commercial Group brokers six transactions

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...

Brown Commercial Group closes over 30,000 SF of industrial transactions

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....

Brown Commercial negotiates 22,000-SF suburban Chicago industrial building sale

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...

Brown Commercial Group negotiates 26,000-SF industrial sale in Elgin

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...

Brown Commercial Group brokers five warehouse transactions totaling more than 25,000 SF

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...