CHICAGO, February 21, 2017 – Cushman & Wakefield announced today that Philadelphia-based Exeter Property Group has acquired 1881 Rose Road in Lake Zurich, Ill., from New Age Logistics. Cushman & Wakefield Executive Directors Brett Kroner and Keith Puritz and Senior Director Eric Fischer acted as the sole brokers in the transaction, and have been retained by Exeter to lease the 100,762-square-foot flex property. Located on 6.45 acres, the building includes 15,872 square feet of Class A office space that was constructed in 2001, while the adjacent warehouse space was built in 2005. The building’s warehouse portion offers 26-foot ceilings and 17 exterior doors as well as one drive-in door. Exeter plans to replace the building’s lighting and make cosmetic improvements to the office space. About Cushman & Wakefield Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. [...]
CHICAGO, January 12, 2017 – Cushman & Wakefield has announced that Colbert Packaging Corporation, a leading manufacturer of folding cartons, rigid setup boxes and paperboard specialty products, has acquired a 173,000-square-foot industrial facility at 9949 58th Place in Kenosha, Wis. The recently constructed, Class A warehouse will serve as the Lake Forest, Ill.-based company’s manufacturing facility for its flexographic packaging operations and related services. Cushman & Wakefield Senior Director Eric Fischer, Executive Directors Brett Kroner and Keith Puritz and Senior Managing Director Bradley Migdal represented Colbert Packaging in the transaction. The seller, Zilber Ltd., was represented by Sergio Chapa of Newmark Grubb Knight Frank. “We started the flexo division 18 years ago and have since been through two expansions. We’re excited to be making this significant investment for expansion that will be the footprint for our projected growth into 2020 and beyond,” said Jim Hamilton, president of Colbert Packaging. Colbert’s [...]
Cushman & Wakefield Represents Universal Beauty Products in Acquisition of 94,682 SF Industrial Facility in Bloomingdale, Ill.
CHICAGO, Nov. 9, 2016 – Cushman & Wakefield has represented Universal Beauty Products Inc. in the purchase of a 94,682-square-foot industrial facility located at 221 Covington Drive in the western Chicago suburb of Bloomingdale. The recently-renovated facility is near Universal Beauty Product’s headquarters in Glendale Heights, and will accommodate the company’s continued growth in the Chicago market. Universal Beauty Products was represented in the transaction by Cushman & Wakefield Senior Director Eric Fischer and Executive Directors Keith Puritz and Brett Kroner. The seller, High Street Realty Company, LLC, was represented by Jeff Fischer and Adam Naparsteck of NAI Hiffman. Located in the highly desirable Central DuPage submarket within the Covington Corporate Center business park, 221 Covington Drive offers 19,115 square feet of premium Class A office space, 25-foot clear heights, five enclosed truck docks, 155 parking spaces, T-5 lighting and an ESFR sprinkler system. “The Central DuPage submarket is incredibly [...]