TUESDAY, FEBRUARY 02, 2010

Shars Tool Co. buys spec building

by Chicago Industrial Properties Reports
Chicago -> Kane

840 Equity Drive St. Charles

Shars Tool Co. has bought a 23,000-square-foot speculative building at 840 Equity Drive in St. Charles. Noel S. Liston, principal, and Cory Ramey, vice president, of Darwin Realty & Development Corp. represented Shars Tool Co. in their acquisition of the facility in the Legacy Business Center. Developed and built by Paul Hemmer Cos., the building features 24-foot clear ceilings, two exterior docks, one grade-level door and 2,378 square feet of finished office space.

St. Charles-based Shars Tool Co. will use the new facility for the distribution and warehousing of wholesale industrial equipment and tools.

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