May 3, 2023 -- The O'Hare industrial market remains a coveted industrial location for tenants looking for close connection to the airport's distribution network, as well as a location with easy access to major highways. Investors also have been focused on this submarket for many years, due to its potential to generate strong returns. Brown...
Aug. 17, 2022 -- Brown Commercial Group represented Accu-Labs, Inc. in buying a 32,000-square-foot building at 3433 W. 48th Place in Chicago. Broker Pat Crowley negotiated the transaction, along with two others. Accu-Labs is a worldwide supplier of specialty chemicals to the plating and metal finishing industries. With this new purchase, the company is more than doubling...
March 17, 2022 -- The IL Real Estate Journal recently highlighted 40,045 square feet of industrial news by Brown Commercial Group, which, represented several tenants who are expanding in the market. Here are the highlights of this industrial news story: Broker Candace Scurto represented a private investor in selling a 14,875 SF industrial building at 119 Bond...
Feb. 14, 2022 -- Brown Commercial Group negotiated a 26,209-square foot industrial building acquisition in Chicago’s West Cook North submarket. Broker Pat Crowley represented a private investor in expanding its portfolio with the purchase of a seven-unit building at 500 N. Mannheim Road in Hillside, Illinois. The multi-unit property is fully leased and located on...
October 26, 2021 -- Brown Commercial Group negotiated five industrial transactions totaling 30,039 square feet in Chicago’s west and northwest industrial submarkets. Brown Commercial Group Broker Matt Hanson represented Pope’s Moving in more than doubling its space with a 12,367 square-foot lease at 915 Central Ave. in Wood Dale, IL. The business was expanding from an...
JUNE 7, 2021 Brown Commercial Group represented sellers in two dispositions totaling 26,563 square feet in DuPage County. Brown Commercial Group Partner Trinity Scurto represented Innovative Rack & Gear Co. in a 20,000-square-foot industrial building sale at 361-365 Balm Ct. in Wood Dale, IL. The buyer was Krumwiede Home Pros., a home remodeling business that will be...
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 location....
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 partner...
Nov. 9, 2020 -- Brown Commercial Group negotiated four industrial transactions totaling more than 22,000 square feet in Chicago’s O’Hare submarket. The deals included one sale and three new leases in Franklin Park, Illinois. Idea Property Investments, LLC., a private investor looking to expand its O’Hare portfolio, acquired the 11,109-square-foot industrial building at 9231-9233 Cherry Avenue. Brown...
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 Group....
