Industrial N Illinois
Elmhurst industrial flex property sells for $5.4 million

Elmhurst industrial flex property sells for $5.4 million

The COLOVOS | SOUPOS Group at RE/MAX Destiny represented the owner of a 74,844-square-foot industrial building on 3.49 acres located at 776 N. Oaklawn Avenue in Elmhurst, Illinois. Vickie C. Soupos represented the original owners, Fast Heat Inc. The asset received multiple offers and sold for $5,400,000 or 97 percent of asking price. The buyer was represented by Joe Bronson of NAI Hiffman.

Industrial N Illinois
Cushman & Wakefield brokers fulfillment facility lease for ShipFusion

Cushman & Wakefield brokers fulfillment facility lease for ShipFusion

Cushman & Wakefield represented e-commerce fulfillment company ShipFusion Inc. in its new, 381,600-square-foot lease at 365 E. North Avenue, in suburban Carol Stream, Illinois. The location will be home to ShipFusion’s new U.S. flagship operation. The Chicago-based company provides proprietary inventory management software and a wide range of fulfillment services including freight, insurance, returns and custom workflows.

Industrial i Ohio
NAI Hiffman brokers $16 million sale of manufacturing plant in Cincinnati

NAI Hiffman brokers $16 million sale of manufacturing plant in Cincinnati

NAI Hiffman brokered the $16.65 million sale of 8200 Broadwell Road, a 479,598-square-foot aerosol can manufacturing facility in Cincinnati. NAI Hiffman’s Capital Markets Group Executive Vice President Pat Sullivan and Vice President Ryan Chambers, and Newmark Knight Frank Executive Managing Director Si Pitstick, marketed the property on behalf of the owner, Leasco Management.

Industrial N Illinois
Fully leased, multi-tenant industrial building trades hands in Bensenville

Fully leased, multi-tenant industrial building trades hands in Bensenville

Venture One Real Estate—through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 36,080-square-foot industrial building located at 236 William Street in Bensenville, Illinois. The multi-tenant building was fully leased at acquisition with a 14,068-square-foot unit coming available in September 2020.