The Cawley Chicago O’Hare Industrial Team, consisting of Principal Andrew Maletich, Vice President Matt Garland and Associate Dustin Albers recently assisted Jervis B. Webb Company in securing a new lease at 2050 S. Mount Prospect Rd in Des Plaines, IL.
Frank Melchert and Stevan Arandjelovic with Cawley Chicago represented seller, MPC Real Estate, LLC on the sale of a 43,325 square foot industrial property in Chicago, IL. This free-standing building is located at 4834 S. Oakley Avenue and situated on 1.83 acres of land. “The property offered additional amenities including fenced parking and outside storage which was attractive to the buyer,” said Arandjelovic. Draper and Kramer represented the buyer, Bridgewater Studio Inc in this transaction.
Frank Melchert and Stevan Arandjelovic helped facilitate the sale of a 70,000 square foot industrial building located on Karlov Ave in Chicago, IL. This hard to find, free standing building, offered off street parking and good loading.
Andrew Maletich, Principal at Cawley Chicago, represented a buyer who purchased a 31,059 square foot industrial building in Elk Grove Village, IL in February 2019. “The buyer had been looking to purchase a building for over a year and with limited supply in the market, it made for a very challenging find.
Cawley Chicago’s Jack Brennan and Daniel Cawley, SIOR complete two separate investments sales in January of 2019. The first transaction was the purchase of a two-building industrial portfolio totaling nearly 80,000 square feet of space in East Dundee, IL in which High Street Realty was brought in as the buyer. In the second transaction, Venture One Real Estate was brought in to purchase 179 Easy St in Carol Stream, a 16,072 square foot industrial building.
The Cawley Chicago Office Team brings four new exclusive listings to the market, adding 200,232 square feet to its growing suburban portfolio. Arlington Green Offices, a 62,643 square foot, single story office building is located on Arlington Heights Road and has over 21,000 square feet of move in ready space available. Prairie Center Office Campus is a high profile, 3 building office complex located in West Chicago and offers future expansion opportunities.
IDI Logistics has acquired 57 acres of industrial land in Romeoville with plans to deliver a 351,870-square-foot speculative facility. The building will feature a clear height of 36 feet, 40 docks and 65 trailer spaces. Joshua Hearne and Daniel Cawley of Cawley Chicago will represent IDI Logistics in lease-up of the building. The project, known as Romeoville Gateway, is slated
for completion in 2019.