ILLINOIS INDUSTRIAL Brown Commercial Group brokers five industrial deals APRIL 27, 2021 Brown Commercial Group has negotiated five industrial real estate transactions in Chicago’s west and north suburban submarkets. In the largest transaction, Brown Commercial Group represented both tenant, MTF Logistics, and building owner, Agellan Capital, in the lease of 12,625 square feet at 483 Heartland Drive, Unit...
Feb. 11, 2021 -- Brown Commercial Group negotiated four transactions totaling 49,025 square feet throughout Chicago’s suburbs. Brown Commercial Group partner Trinity Scurto represented West Lake Commercial LLC in its acquisition of the 21,450-square-foot building at 1735 Cortland Court in Addison, Illinois. Scurto negotiated and closed the transaction in 30 days. Lee & Associates’ Jay Farnan...
January 12, 2021 -- Brown Commercial Group negotiated five industrial transactions totaling more than 26,000 square feet in Chicago’s suburban market. Brown Commercial Group broker, Brian Lindgren, represented the buyer, Midway Industrial Equipment, Inc., in buying 549 Heartland Drive, Units E and F, a 10,700-square-foot space in Sugar Grove, Illinois. The company was expanding from a nearby...
Dec. 4, 2020-- Brown Commercial Group negotiated a 29,768-square-foot industrial building sale in Chicago’s O’Hare submarket. The building at 104 Foster Avenue in Bensenville, Illinois was sold to Meyer Concrete Pumping and Conveyor Service, LLC, a concrete and material placement contractor. The company was expanding from an 18,000-square-foot leased space in Des Plaines, Illinois. Brown Commercial Group...
Nov. 3, 2020 -- Brown Commercial Group negotiated four transactions totaling 25,910 square feet in Chicago’s suburbs. Broker Brian Lindgren represented both the landlord, a private investor, and the tenant, Nick’s Furniture, in a 12,769-square-foot lease at 483 Heartland Drive in Sugar Grove, Illinois. The furniture warehouse business was expanding from a 7,500-square-foot space in Montgomery,...
Sept. 3, 2020 Brown Commercial Group negotiated one sale and four leases totaling nearly 24,000 square feet involving expanding businesses in Chicago’s west and northwest suburbs. “We are seeing steady growth in small to mid-sized industrial businesses in the Chicago area and a shortage of space for their needs,” said Dan Brown, president of Brown Commercial...
JUNE 11, 2020 Brown Commercial Group recently represented both the buyer and seller in the sale of a 5.59-acre site in Bartlett, Illinois. Lis Trucking Inc. purchased the property from Abbott Land and Investment and is converting the land into parking to support its growing freight carrier business. “The Chicago industrial market continues to see a shortage of outdoor...
6/11/2020 2:42 PM BARTLETT -- Brown Commercial Group recently represented both the buyer and seller in the sale of a 5.59-acre site in Bartlett. Terms of the sale were not announced. Lis Trucking Inc. purchased the property from Abbott Land and Investment and is converting the land into parking to support its growing freight carrier business. Dan Brown...
MAY 19, 2020 820 TOLLGATE ROAD, ELGIN, ILLINOIS. Brown Commercial Group recently completed four transactions totaling 24,621 square feet in Chicago’s west and northwest suburbs. Many of the businesses involved were growing their operations or looking for more efficient space. Brown Commercial Group broker, Brian Lindgren, represented the seller, 820 Tollgate Road LLC, in the sale of a...
APRIL 8, 2020 350-360 Lively Blvd., Elk Grove Village, IL Brown Commercial Group represented five growing businesses in finding a total of 31,626 square feet of space for expansion in the northwest suburbs of Chicago. “Many of these users were growing out of their first start-up spaces and renting or buying larger or more efficient spaces to meet...
