Industrial N Illinois
Downers Grove industrial building sells for $3.2M

Downers Grove industrial building sells for $3.2M

Lee & Associates has closed a $3.2 million sale transaction for a 70,000-square-foot industrial building located at 5200 Thatcher Road in Downers Grove, Illinois. Michael Androwich, Jr., principal of Lee & Associates’ Illinois office, represented the seller, a private investor. Trinity Scurto of Brown Commercial Group represented the buyer, Premium Investment Properties.

Industrial N Illinois
Industrial portfolio in western Chicago suburb sells

Industrial portfolio in western Chicago suburb sells

Bridge Development Partners, LLC recently sold Bridge Point 290 Business Park, a three-building complex totaling 899,278 square feet in Cicero, Illinois, to Cabot Properties. Located just south of Roosevelt Road between Central Avenue and Laramie Avenue with convenient access to Interstate 290, Bridge Point 290 is the largest state-of-the-art business park in Chicagoland that caters to last-mile/infill users.

Industrial N Illinois
PREMIER reconfigures Northlake, Illinois project for CenterPoint Properties

PREMIER reconfigures Northlake, Illinois project for CenterPoint Properties

PREMIER Design + Build Group, LLC and CenterPoint Properties have completed the demolition and reconfiguration of 400 Wolf in Northlake, Illinois. The outdated facility, originally built in the 1950s, was modified to accommodate Dr Pepper Snapple Group as a single-tenant user of the building. This reconfiguration additionally enabled the construction of a 400,000-square-foot building pad to the south in anticipation of future building plans.