Cawley Chicago is pleased to announce David Conroy, Vice President of Industrial Brokerage, is one of the finalists for the 2017 Frank Mahoney Award of Excellence. The award represents a broker that embodies the core principles and values of the commercial real estate community by providing great client service, promoting cooperation among fellow brokers, and setting the standard for ethical conduct.
Cawley Leasing Activity Update
The Cawley Chicago Office team acquired a 70,000 square foot office assignment located in Woodridge Illinois less than one year ago today. In the short time acting as the exclusive representatives, the team has completed multiple transactions bringing this once heavily vacant three-story complex to over 90% leased. Located at 900 S. Frontage Road, Waterfall Glen has convenient access to I-55 and I-355 interchanges and is centered around numerous amenities including hotels, restaurants, retail, fitness and daycare centers making this the perfect space for your tenants needs.
ROMEOVILLE, IL (March 1, 2018) - Josh Hearne and Mike O'Leary of Cawley Chicago represented a private seller in the sale of a 31,000 SF industrial building located in Romeoville, IL which closed in February of 2018. The team was asked to be the exclusive agents representing the project and private owner in June of 2017 and shortly afterwards brought full service real estate operator, Value Industrial Partners in as the buyer on a speculative basis. The building at the time was 50% vacant. While the property located at 624 Anderson Drive was under contract, Hearne and O'Leary secured a direct tenant for the remainder of the space bringing the building to 100% leased for the new owners at closing time.
Oakbrook Terrace, Ill. (January 30, 2018)—To further leverage the success of its record year in 2017, Cawley Chicago has announced the appointment of Doug Hayes, a veteran with more than three decades of commercial real estate brokerage and development experience, and extensive expertise in the area of transportation and logistics management. The appointment of Hayes as an Executive Vice President of the firm was made by the firm’s newly appointed Sales Manager, Michael P. McKiernan.
Oakbrook Terrace, Ill. (January 19, 2018)—As it begins its 20th anniversary year and following a record year in 2017, Cawley Chicago has announced the appointment of seasoned industry veteran Michael P. McKiernan to Sales Manager, effective immediately. The appointment of McKiernan was made by Daniel Cawley, SIOR, the founder and managing principal of the firm.
Original Post: REJournals.com
Oak Brook, Ill. – Dec. 13, 2017 – After acquiring a 2.35-million-square-foot industrial portfolio in Chicago earlier this year, Dallas-based Westmount Realty Capital, a commercial real estate development and investment company, has sold one of its Chicago holdings. The 310,775-square-foot warehouse and distribution facility near Midway Airport was acquired by High Street Real Estate Capital.
NAPERVILLE, IL (December 5, 2017) - Cawley Chicago is pleased to announce the sale of 1755 Park St in Naperville, Illinois. This three story office building is conveniently located between Mill St and Washington St just South of Diehl St, was built in 1987 and is currently 95% leased. The Cawley Chicago Office Team will take over the exclusive leasing assignment and Cawley Chicago
Management will manage the property.
Cawley Chicago Executive Vice President, Tony Russo and Vice President, Ryan Freed represented the buyer, KMMRD Enterprises, LLC. Alissa Adler, John Homsher and Paul Tesdal of Podolsky Circle CORFAC International represented the seller, CPH 1755 Park, LLC in this transaction.
OAK BROOK, IL (November 1, 2017)—Representing both a private seller and a real estate investment trust, Cawley Chicago has completed the disposition of a two-building, 607,231-square-foot portfolio in Indianapolis. The total value of the transaction was approximately $16.9 million.