C&W negotiates $2.9M sale at Stockyards Industrial Park
August 23, 2011 | Staff Writer | Print Article | Email this Article
HKR Investment Holdings, LLC (HKR) purchased a 168,095-square-foot industrial facility from Morse Automotive Corporation in the Stockyards Industrial Park at 4130 South Morgan Street in Chicago for $2.9 million, according to public records.
HKR distributes food products in the Chicago Metro Area, and was represented by Sally Macoicz, senior director at Cushman & Wakefield of Illinois, Inc. (C&W). Morse Automotive was represented by Brad Weiner, vice president at Paine Wetzel and George Maragos, senior vice president at CBRE.
“The purchase of this facility will allow HKR Investment Holdings to expand their business without relocating again in the next couple of years,” said Ms. Macoicz.
4130 South Morgan Street is a 168,095 sf distribution/warehouse property, including 10,000 sf of office space. It also features parking for 250+ cars and additional land for expansion. It is part of an Enterprise Zone.
Tags | CBRE, Chicago, Cushman & Wakefield, industrial, Paine Wetzel, sale
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