- • News
31 Jul 2019
DARWIN REALTY ANNOUNCES GROUNDBREAKING CEREMONY HELD FOR BO JACKSON ELITE SPORTS FACILITY IN BENSENVILLE
(Elmhurst, Illinois – July 29, 2019) – Darwin Realty is pleased to announce that on Thursday, July 18, 2019 a groundbreaking ceremony was held for the Bo Jackson Elite Sports Facility being constructed at Grand Avenue and County Line Road in Bensenville. This event celebrated the official start of construction on the 114,140-square- foot air supported indoor sports training center. Jeffrey Provenza, Vice President of Darwin Realty was the sole broker in the transaction.
This will be the third Bo Jackson Elite Sports Facility in the United States and the second in Illinois. Construction is scheduled to be completed by the end of 2019. The facility is designed to accommodate training for turf sports like baseball, soccer, football, and lacrosse. The facility will also include a track, weight room, and a climbing wall while also providing a number of year round training opportunities and programs by their professional staff.
“The owners of the property are very happy to have Bo Jackson Elite Sports (“BJES”) as a long-term tenant on the site,” said Provenza. “The stellar reputation and future long-term success of BJES will have an enormous positive impact on surrounding Bensenville community.”
During the ceremony, sports legend Vincent “Bo” Jackson and Village President Frank DeSimone addressed stakeholders, Village officials, and Village Staff by thanking them and expressing their excitement for the project.
“This facility serves as a fantastic addition to the existing amateur sports related assets we have in Bensenville like the Edge Ice Arenas and the Redmond Recreational Complex. Being a baseball travel dad myself and having a facility where I can send my son to learn from these professionals speaks volumes. I believe that once this corner is fully developed with the dome, hotels, and retail, it will be a destination where Chicagoland can come to live, work, and play,” said Village President Frank DeSimone.
General contractor on the project is Triumph Construction and the architect is Charles Smith at Arete Design Studio, Ltd.read full article
12 Jun 2019
(Elmhurst, Illinois – June 12, 2019) – Darwin Realty is pleased to announce the firm’s Principal Noel S. Liston and Associate Nick Krejci represented four end users in their purchase or lease of new space in suburban Chicago. The two sales and two leases totaled 69,687 square feet, all in high-quality buildings with good access to major highways.
“The new buyers and tenants were pleased to find this rare space in today’s market,” Liston says. “Many businesses are currently expanding, leaving less quality space available for users who are looking to move.”
Liston and Krejci represented a private investor in their purchase of 820 McArdle Drive in Crystal Lake, IL. The high-image precast multitenant 15,840 square foot building was fully leased at the time of the sale. The facility attracts long-term tenants and is expected to remain fully leased with good cash flow for the foreseeable future. The seller, Dakota-Crystal Lake, LLC, was represented by Premier Commercial Realty’s Tina Kropke and Heather Schweitzer.
In another sale transaction, Liston and Krejci represented DRB Enterprises in the sale of their 9,500 square foot building at 1160 Abbott Drive in Elgin, IL to tool grinding machine manufacturer J. Schneeberger Corp. The free-standing building with access to I-90 via Route 31 and Randall Road offers the buyer a space to demonstrate their machinery to their customers.
IMPEX GLS, a freight forwarding and supply chain management company, has leased 32,477 square feet within a 124,028 square foot building located at 2475 Touhy Avenue in Elk Grove Village, IL. The tenant selected the building because of its heavier office footprint and loading capabilities. The new, high-image industrial building is located close to O’Hare International Airport with access to multiple expressways. Liston and Krejci worked on behalf of IMPEX GLS and Colliers International’s Tom Rodeno represented the landlord, PPF Industrial 2475 Touhy Avenue, LLC.
In the final lease, sound system and equipment provider Gary Gand Music, Inc. was represented by Liston and Krejci in its renewal of 11,870 square feet of space within the 54,130 square foot building at 1107 Mark Street in Elk Grove Village, IL. The site has great access to highways, allowing the business to access concert venues and other job sites it needs to reach throughout the Midwest. The REIT building owner was represented in-house.read full article
30 Apr 2019
(Elmhurst, Illinois –April 30, 2019) – Darwin Realty is pleased to announce the firm’s Vice President Jeffrey Provenza and Associate Rollo Dace represented GDS Garage Door Supplies, Inc., in its new lease of 23,375 square feet at 9405 River Street in Schiller Park, IL. The garage door parts supplier was looking for a larger space in the same area to expand its growing business.
GDS is relocating and expanding from a 5,000 square foot location at 4027 Fleetwood Drive in Franklin Park, IL, more than doubling its existing space. The tenant selected the new location because of its easy access for its customers and ability to retain its employees by staying in the same region. The property is close to O’Hare International Airport and several major highways. It has a 14’ clear height ceiling, two docks, and one drive-in door.
“As a growing company, GDS was looking for a much larger location with good access to supply its customer with the garage parts they need,” Provenza says. “This O’Hare warehouse gives the tenant a good central location from which to do its business.”
Paine Wetzel’s Terry Lynch represented the building owner, Schiller 9405 LLC, in the transaction.read full article
4 Apr 2019
Darwin Realty is pleased to announce that Vice President Brendan Sheahan has been named to Illinois Real Estate Journal’s CRE Future Leaders. To read Sheahan’s profile, visit https://www.rejournals.com/cre-future-leaders-brendan-sheahan-20190404.read full article
10 Dec 2018
Darwin Realty announced that Chicagoland Quad Cities Express has renewed their lease for a 412,405 square foot distribution compound in Bridgeview, Illinois.
Chicagoland Quad Cities is a 50-year-old third-party logistics and transportation company that specializes in warehousing and transportation services for many well-known companies. Chicagoland is a warehouse affiliate member of the National Association of Chemical Distributors. They also operate a food grade facility in Bolingbrook, Illinois. Between their Bridgeview and Bolingbrook locations, Chicagoland has 501,000 square feet of warehouse space in the Chicago-market.
Katie Michel, Sr. Vice President of Pritzker Realty Group negotiated the lease on behalf of ownership. Terri Wintermute, President, and Gary DiGrazia, Senior Vice President of Chicagoland Quad Cities Express negotiated the transaction on behalf of Chicagoland Quad Cities.
Adam Haefner, Director of Brokerage Services at Darwin Realty represented Pritzker Realty Group as their broker. George Cibula, SIOR, represented Chicagoland Quad Cities Express.read full article
15 Jun 2018
(Elmhurst, Illinois – June 14, 2018) – Darwin Realty is pleased to announce a sale and leaseback transaction at 502 Vista Avenue in Addison, Illinois. Darwin’s principal, Noel S. Liston, and associate, Nick Krejci, were the sole brokers in the transaction. AIM, Incorporated (seller) will lease the facility back for the next several years. The building is 37,560 square feet and features 4,300 square feet of nicely appointed office and heavy power. The property was purchased by Westwind Industrial, a general contractor specializing in medical, industrial and commercial property reutilization, for $2,000,000.
In Glendale Heights, Liston and Krejci represented the seller, Comtelco Industries, in the sale of their 13,500 square foot facility at 501 Mitchell Road. The purchaser, IVM Chemicals, Inc., was represented by G. Pat Ryan with Combined Commercial Realty. IVM Chemicals, Inc. is a European-based distributor of industrial chemicals and pesticides and will occupy the building upon renovation which is being completed by Peak Construction. The building was purchased for just under $1,000,000.read full article
8 May 2018
(Elmhurst, Illinois – May 8, 2018) – Darwin Realty is pleased to announce the firm’s President Richard G. Daly represented Apex Warehouse Systems, LLC in its new lease of 107,600 square feet at 631 W. Park Avenue in Aurora, IL. The warehouse will serve as additional storage space for the materials handling and storage equipment company.
“This is a large crane-served facility that will help the tenant serve its existing client base and any new clients it may bring in,” Daly says.
The 342,268 square foot building features ceiling heights of up to 40 feet, outdoor storage space for vehicles and equipment, 10 exterior docks, 10 drive-in doors and seven cranes. With easy access to I-88 via Route 31, the building boasts low Kane County taxes.
The building owner, Transbulk Real Estate Limited Partnership, was represented by Transwestern’s Joe Karmin and Justin Lerner.read full article
4 Jan 2018
(Elmhurst, Illinois – January 4, 2018) – Darwin Realty and Development Corporation announced that industrial associate Brendan J. Sheahan has recently been promoted to Vice President. Mr. Sheahan’s expertise includes tenant and buyer representation, ownership representation, and build-to-suit projects, as well as investment analysis, acquisition, and disposition services. Mr. Sheahan is active in the Elgin-I-90 Corridor, Fox Valley, and I-88 Industrial Corridor and has recently completed over 1.3 million square feet in transactions totaling more than $30 million in value.
Mr. Sheahan joined Darwin Realty in 2012 following graduation from the University Of Wisconsin-Madison where he earned a Bachelor of Business Administration degree in Real Estate and Urban Land Economics, and Risk Management and Insurance.read full article
27 Nov 2017
(Elmhurst, Illinois – November 27, 2017) – Darwin Realty is pleased to announce the firm’s Brendan J. Sheahan and Principal, Noel S. Liston represented St. Charles Trading, Inc. in the purchase of a 100,000 SF facility at 1400 Madeline Lane within Randall Point Business Park in Elgin, Illinois.
St. Charles Trading, currently located in Batavia, Illinois, will use the new facility to consolidate and expand multiple warehousing and production operations in the Western suburbs. “The current capital environment and strong investor demand have created a shortage of quality buildings available for owner-occupiers. This institutional-grade facility in Randall Point Business Park was identified as a rare opportunity for our client and its expansion capabilities will serve their needs for many years to come”, said Darwin’s Sheahan.
The seller, Pancor Construction & Development, was represented by Mike Sedjo and Jack Brennan of CBRE.
24 Oct 2017
(Elmhurst, Illinois –OCTOBER 24, 2017) – Darwin Realty is pleased to announce the firm’s Vice President Jeffrey Provenza represented nepsa solutions in its lease of 61,202 square feet at 1360 Madeline Lane in Elgin, IL. The tenant is a new telecommunications and cellular company providing products and services for mobile network providers.
The company selected the property because of its functional warehouse space and 30’ clear height ceilings. The building is located near I-90 and Randall Road, giving it good access to the interstate, low Kane County taxes, and access to a strong labor force. It also includes 3,823 square feet of office space, seven exterior docks and one drive in door.
“This is a great example of a high-tech company looking farther out in the suburbs to fulfill their needs for a newer, more functional space,” Provenza says.
The building’s owner, Brookfield Property Group, was represented by NAI Hiffman’s Dan Leahy, Bruce Granger and Terry Herlihy.read full article
18 Sep 2017
(Elmhurst, Illinois – September 18, 2017) – Darwin Realty is pleased to announce the firm’s Brendan J. Sheahan represented a large, Midwest-based manufacturer and distributor of food products in their purchase of a 121,800 SF facility at 9710 Park Davis Drive in Indianapolis, Indiana. The purchaser, based in Chicago, will use the new facility to expand and enhance their production capacity and existing distribution operations in and around the Indianapolis market.
Following an extended, hands-on search, the Park Davis Drive facility was selected due to its existing manufacturing amenities and modern construction featuring 28’ clear ceilings, heavy power, and a fully air-conditioned warehouse. Situated on over 20 acres, the expandable facility will accommodate future growth in the market.
Chip Barnes and Brian Buschuk of the Indianapolis office of JLL represented the seller, Pinchal & Co., in the transaction.read full article
12 Sep 2017
(Elmhurst, Illinois – September 4, 2017) – Darwin Realty is pleased to announce that Chris Mergenthaler has joined its team as an associate. Mergenthaler recently graduated from Florida State University. He also owned his own business that focused on aerial photography for commercial construction and development. He will concentrate on a variety of brokerage services including tenant representation, ownership representation, build-to-suit projects, site acquisitions, and investment acquisitions and dispositions.
Mergenthaler holds a bachelor’s degree from Florida State University College of Business, where he studied finance and entrepreneurship with a specialization in real estate. Outside of his work in real estate, he enjoys fishing, hiking, and woodworking.read full article
5 Sep 2017
(Elmhurst, Illinois – September 5, 2017) – Darwin Realty is pleased to announce the firm’s Managing Broker George Cibula and Director of Brokerage Services Adam Haefner represented the tenant, Chicagoland Quad Cities, Inc., in its lease of 89,670 square feet within the 320,722 square foot building located at 9 Timber Court in Bolingbrook, Illinois.
According to Haefner, “Chicagoland Quad Cities is a third party logistics company in an industry that has traditionally been a good indicator of the overall economy. Chicagoland’s continued success shows that many of their customers are thriving and looking to expand their warehouse space. The south I-55 corridor continues to be one of the most active submarkets in Chicago.”
Chicagoland Quad Cities chose to stay in the building because of its prime location in the south I-55 corridor, which is one of the most active areas in the Chicago industrial submarket.
The building owner was represented by Jason West and Sean Henrick of Cushman & Wakefield.read full article
17 Aug 2017
Bridge Sells 491,010 SF O’Hare Industrial Portfolio, Buys Land for Another 656,189 SF of Development
CHICAGO, August 17, 2017 — Bridge Development Partners, LLC, has announced the sale of four industrial buildings totaling 491,010 square feet in Chicago’s O’Hare market. The portfolio sale price was $69,275,000. Concurrently, Bridge acquired a 48-acre land site in nearby Franklin Park, IL for $27M and was brokered by Jeff Provenza of Darwin Realty. Bridge plans to develop three additional buildings totaling 656,189 square feet.
“In Chicago, and our other U.S. markets Bridge has had some success in developing state-of-the-art distribution facilities in infill locations like O’Hare that are highly desirable to a number of different industrial users,” said Steve Groetsema, Principal and Chicago Market Officer at Bridge Development Partners. “It’s not surprising to see these facilities preleased or leased soon after completion, making them very liquid to investors, and enabling us to buy additional strategically located sites for development.” (more…)read full article
24 Jul 2017
(Elmhurst, Illinois) – Darwin Realty is pleased to announce the firm’s Vice President Jeffrey Provenza and Managing Broker George Cibula represented the seller in the disposition of a 160,000 square foot warehouse facility located at 950 S. 25th Avenue in Bellwood, Illinois. In this transaction, 950 S. 25th Avenue LLC sold the building to U-Haul/AMERCO Real Estate Company for use as a truck rental and self-storage facility. This will represent an expansion for U-Haul/AMERCO who represented themselves in the transaction.
“This transaction takes an older industrial building and repurposes it to a higher and better use,” Cibula says. “As the market continues to tighten, we expect to see more reuse of outdated buildings such as this one.”
The building features 11,500 square feet of office space, 5,000 square feet of cooler space, 12.5-foot to 19.5-foot clear height ceilings, 14 exterior docks and two interior docks. U-Haul chose this site due to its proximity to I-290 and the large parking lot on the 8.3-acre site with truck parking. The new owner will take occupancy of the building in October.read full article
10 Jul 2017
(Elmhurst, Illinois – July 10, 2017) –Darwin Realty executives recently donated a day of their time working at Lambs Farm, a non-profit organization that provides residences and jobs for adults with disabilities, in Libertyville, IL. A group of over 20 Darwin Realty team members that included brokers, construction department associates, property managers and administrative staff, worked with Lambs Farm to paint the Magnolia Café building, an on-site restaurant that employs many of its residents, and updated landscaping on the facility’s grounds.
“We were looking for an opportunity where we could really make a difference and helping Lambs Farm beautify this property was a good fit for our company,” said Rick Daly, Darwin President. “It was a great way to get out of our regular routine and give back to the community.”
Lambs Farm has been helping people with developmental disabilities lead productive, happy lives and connecting with the human spirit since 1961. The organization started as a pet store on State Street in Chicago that employed people with disabilities. In 1965, its founders moved the organization to a 70-acre farm where 250 people with developmental disabilities live and/or work in a nurturing, helpful environment.
This is Darwin’s fifth semi-annual philanthropic volunteer day. Darwin selected Lambs Farm as their Spring/Summer charity because they wanted to support a local, small business non-profit with a similar family culture to their own company.read full article
26 Jun 2017
(Elmhurst, Illinois – June 26, 2017) – Darwin Realty is pleased to announce the firm represented the landlord in a new full-building lease at 951 Fargo Avenue in Elk Grove Village, IL. Darwin President Richard G. Daly and Darwin Director of Brokerage Services Adam Haefner represented a private institutional investor in the lease to seasonal food gifts distributor Marketplace Brands, LLC.
The tenant selected the 103,987 square foot building because it was recently renovated and features 22-foot ceilings, 11,000 square feet of office space, 10 dock positions and one drive-in door. The building has a Class 6B tax incentive in place and can be served by rail.
NAI Hiffman’s Joe Bronson and Josh Will represented the tenant.read full article
12 Jun 2017
(Elmhurst, Illinois – June 12, 2017) –Darwin Realty is pleased to announce that Printing Arts, a printing production and materials storage company, has signed a 46,973-square-foot lease at 2105 W. 21st Street, a 120,960-square-foot building in Broadview, Ill. The lease represents an expansion for Printing Arts, which currently occupies an adjacent building.
Mandy Lewandowski of Darwin Realty represented the building owner, Welbic III Broadview 21 LLC, and worked directly with Printing Arts.
“We are pleased to able to accommodate the growing space needs of this valued tenant,” stated Lewandowski.read full article
30 May 2017
(Elmhurst, Illinois – May 30, 2017) –Darwin Realty is pleased to announce that Running Away Enterprises LLC, has extended and expanded its lease at 901 Corporate Grove Road in Buffalo Grove, IL. Starting June 1, the race event management and multisport retail company will occupy the entire 72,600-square-foot building.
Darwin Realty vice president Matthew Lewandowski and leasing associate Mandy Lewandowski represented ownership in the transaction, working directly with Steve Ginsburg of Running Away Enterprises.
“We were very pleased to be able to keep this great tenant in place and to accommodate their dynamic growth,” stated Matthew Lewandowski.read full article
20 Mar 2017
(Elmhurst, Illinois – March 20, 2017) –Darwin Realty is pleased to announce that Jeffrey Provenza, vice president with the firm, represented FSC Investments Ltd. in its sale of a 20,000 square foot building located at 2045 Janice Avenue in Melrose Park, Illinois, to DCG Roofing Solutions, Inc. for $710,000.
“The demand for buildings that can be purchased in Melrose Park has increased significantly, especially with users looking to purchase free-standing buildings,” stated Darwin’s Provenza.
DCG Roofing selected the 1.35-acre site and facility as a new location for the business which will be relocating from 1285 Rand Rd. in Des Plaines, IL. The roofing contractor chose the property primarily due to the large site complete with a great loading area, large fenced parking lot and outdoor storage area. The building boasts 18’ clear height ceilings, four drive-in doors, one exterior dock, and possible Class 6 B status.
Brown Commercial Group’s Trinity Scurto represented the buyer in the transaction.read full article
13 Mar 2017
(Elmhurst, Illinois) – Darwin Realty has announced that Nicholas Krejci has recently joined the firm as an Associate in its Elmhurst office. Mr. Krejci will specialize in representing tenants and owners in investment acquisitions and dispositions of industrial properties in Central DuPage County.
Krejci will be training and working closely with Noel S. Liston, a principal and broker at Darwin for more than 22 years.
“Nick will bring a fresh new perspective to Darwin in the early stages of his career,” says Darwin Realty’s Director of Brokerage Services Adam Haefner. “His strong educational background will be a great asset to our firm.”
Krejci holds a bachelor’s degree in finance from Fordham University’s Gabelli School of Business, where he was a standout student-athlete for four years.read full article
8 Dec 2016
(Elmhurst, Illinois – December 8, 2016) – Darwin Realty proudly announces the sale of 9900 Industrial Drive in Bridgeview, Illinois, a 215,000 square foot industrial building. The firm’s Noel S. Liston and Kevin D. Cooney represented the purchaser, Welch Packaging Group, Inc., a leading manufacturer of corrugated packaging.
Welch will be relocating from Countryside to the former crane facility to support their expanding Chicagoland operations. The facility offers heavy power, ample land for parking or trailer parking, and is located immediately off I-294. Welch plans to add significant improvements to the Bridgeview building to accommodate their needs.
The seller was represented by Jeff Locascio of Transwestern.read full article
27 Sep 2016
(Elmhurst, Illinois – SEPTEMBER 27, 2016) – Darwin Realty is pleased to announce the firm represented the seller, JJS Properties, in its disposition of a 53,289 square foot property on 5.6 acres at 1500 Busch Parkway in Buffalo Grove, IL. Darwin’s Dan Prendergast and Adam Haefner represented JJS Properties. The buyer, Knipex Tools, LP, is the North American sales and marketing organization of the German hand-tool manufacturer. The buyer is expanding and will relocate their operations from Arlington Heights.
“The property was listed in April and sold just four months later, which reflects the strong market for functional real estate in a great location like Buffalo Grove,” said Prendergast.
Brian Properties’ Brian M. Hellgeth was the exclusive representative of the buyer in this transaction.read full article
4 Aug 2016
(Elmhurst, Illinois) AUGUST 4, 2016 – Darwin Realty is pleased to announce that Todd Hendricks has recently joined the firm as an Associate and Global Supply Chain Strategist in its Elmhurst office. Mr. Hendricks will specialize in the leasing and sale of buildings to companies in the third party logistics, trucking and manufacturing industries. Prior to joining Darwin, he worked for more than 15 years in third party logistics, business development and freight management.
Hendricks will provide clients sophisticated location analysis and brokerage services for the acquisition, disposition and leasing of industrial buildings and land for logistics and manufacturing companies; serving occupiers, investors, and developers. He will also provide services for build-to-suit properties and sale-leaseback transactions.
“We are excited to have someone with so much experience on the user side of the transactions on our team,” says Darwin Realty Managing Broker George Cibula. “Todd knows how logistics companies think and can add his perspective to clients’ transactions.”
Hendricks holds a bachelor’s degree from Ohio Wesleyan University. He is a member of several professional organizations, including Midwest Association of Rail Shippers, Freight and Logistics Professionals, 3PL Professionals, Food and Beverage Network, Leadership in Logistics and Supply Chain, and Supply Chain Management.read full article
3 Aug 2016
(Elmhurst, Illinois – AUGUST 3, 2016) –Darwin Realty is pleased to announce our most recent transaction in the Elgin/I-90 industrial corridor. Brendan J. Sheahan, Associate, of Darwin Realty represented a private family partnership in their acquisition of 423 Joseph Drive in South Elgin.
The 26,841 square foot building is fully leased and represented a rare opportunity to acquire a quality, stabilized asset at an attractive return in the historically strong Elgin/I-90 market.
The seller was represented by Jack Brennan of CBRE.read full article
18 Jul 2016
(Elmhurst, Illinois – JULY 18, 2016) – Darwin Realty is pleased to announce that Noel S. Liston has completed three transactions totaling 91,000 square feet in the western suburbs.
Noel S. Liston, Principal and Brendan J. Sheahan, Associate, of Darwin Realty represented DCT Industrial in their lease of 1575-1595 High Point Drive in the DCT Business Center Elgin. The 32,000 square foot unit was leased to Dynacast, Inc. as an expansion to their existing facility within the park. The building features 18’ clear ceilings, 17 exterior docks, 2 grade-level doors and 2,800 square feet of office space.
In a separate transaction, Noel S. Liston and Doug R. Pilcher, Vice President of Darwin Realty, represented DCT in their lease to Marvel Engineering. The 33,000 square foot unit at 450 Lombard Road in Addison features 4,000 square feet of office space, 24’ clear ceilings, four interior loading docks, and 1600 amps of power at 480 volts. Marvel Engineering was represented by Adam M. Haefner, Director of Brokerage Services at Darwin Realty. This marks the second lease transaction in the past 90 days at the 450 Lombard Road building and brings the facility to 100% occupancy.
Lastly, Noel S. Liston represented ownership in their lease of 26,000 square feet at 2525 Bath Road in Elgin to Compass Automation. The Bath Road unit features 24’ clear ceilings, three exterior loading docks, and 5,000 square feet of office. Compass Automation will be expanding and relocating from their current Elgin facility. Josh Feldman of Cushman & Wakefield represented the tenant.read full article
11 Jul 2016
(Elmhurst, Illinois – June 20, 2016) – Darwin Realty is pleased to announce the firm completed the sale of a 70,796 square foot warehouse at 925-1065 Chase Avenue in Elk Grove Village, Illinois. Darwin Realty Principal Richard G. Daly represented the seller, Hicks Properties LLC in the transaction.
TMI Properties LLC has purchased the two-tenant facility which is divided into 41,000 square foot and 29,000 square foot spaces as an investment. The smaller space is occupied by Filter Services, Inc. with a long-term lease, allowing the buyer to purchase the building with existing income already in place and occupy the balance of the building. The 20’ clear building features 11 docks, three drive-in doors and parking for 115 cars. The offices within the building have been recently renovated.
Colliers’ Jonathan Kohn represented the buyer, TMI Properties LLC.read full article
15 Jun 2016
(Elmhurst, Illinois – June 14, 2016) – Darwin Realty is pleased to announce the firm completed a new lease on a 58,627 square foot warehouse and office space for Porreca Freight at 1850 Greenleaf Avenue in Elk Grove Village, Illinois. Darwin Realty’s President Richard G. Daly represented the tenant in the transaction.
Porreca Freight, a company that provides full local pick up and delivery services throughout the Chicago area, is expanding its warehouse and office. They selected the free-standing building because of its high velocity loading capacity in the heart of the O’Hare market, 11 exterior docks, two drive-in doors, 16’ foot ceiling clear heights andample parking.
According to Daly, “There is a shortage of buildings in the O’Hare market with abundant loading and trailer parking. The new location will give my client flexibility to warehouse and deliver their clients’ product on a timely basis.”
Colliers International’s Jonathan Kohn and Tom Rodeno represented the landlord in the transaction.read full article
16 Apr 2016
Darwin Realty’s Dan Predergast was recently quoted in a Globe Street article about a building sale in Northbrook . Read the entire article by clicking the link below:read full article
17 Mar 2016
(Elmhurst, Illinois – March 9, 2016) – Darwin Realty & Development Corporation announced that industrial associate Jeff Provenza has recently been promoted to Vice President. Mr. Provenza offers a full range of brokerage services including tenant representation, owner representation, build-to-suit projects, site selection, and investment acquisition and disposition services.read full article
Mr. Provenza is very active in the O’Hare and West Cook industrial market and in 2015 completed over 780,000 square feet in transactions totaling more than $27 million in value, including the sale of a 263,668 square foot multi-tenant building and the redevelopment sale of a 21-acre site.
Mr. Provenza joined Darwin Realty in 2010 and, prior to his real estate career, performed regulatory and consulting work for the commodities industry. He further utilized his financial and accounting skills as an internal auditor and senior financial analyst for Nalco/Ecolab (NYSE:ECL).
Mr. Provenza attended the University of Illinois Urbana-Champaign and earned a Bachelor’s degree in Finance.
10 Feb 2016
(Elmhurst, Illinois – February 10, 2016) – Darwin Realty is pleased to announce that Welbic LLC has purchased 15 industrial properties from Venture One Real Estate. These properties contain approximately 900,000 square feet of buildings located from Kenosha, Wisconsin to Alsip, Illinois. There are 22 tenants that occupy the 15 buildings. (more…)read full article
19 Jan 2016
Elmhurst, Illinois – January 19, 2016 – Darwin Realty is pleased to announce two new leases totaling 291,000 square feet on behalf of DCT Industrial within DCT Business Center Elgin. (more…)read full article
17 Jan 2016
Darwin Realty’s Noel Liston was recently quoted in an Illinois Real Estate Journal article on the state of the Chicago Industrial markets. Read the entire article by clicking the link below:read full article
11 Dec 2015
(Elmhurst, Illinois – December 11, 2015) Principal Dan Fanelli, SIOR, and Managing Broker eorge Cibula, SIOR, of Darwin Realty have completed two renewal leases at a two-tenant property at 2101-2171 W. Cermak Road in Broadview, IL. (more…)read full article
4 Dec 2015
(Elmhurst, Illinois – December 4, 2015) Darwin Realty is pleased to announce that it has facilitated the sale of 1616 Berkley Street, Elgin, Illinois. (more…)read full article
24 Nov 2015
(Elmhurst, Illinois – August 3, 2015) – Darwin Realty & Development is pleased to announce that Jeff Provenza represented the developer/investor Venture One Real Estate in the acquisition of 1070 North Point Boulevard, Waukegan, Illinois. (more…)read full article
24 Nov 2015
(Elmhurst, Illinois) – Darwin Realty is pleased to announce the disposition of three buildings in Broadview, Illinois to Real Trucking, a subsidiary of Real Group, LLC. The company owns a dry van freight carrier operation that services United States and Canada with locations in Chicago and New Jersey. (more…)read full article
24 Nov 2015
(Elmhurst, Illinois – August 24, 2015) –Darwin Realty is pleased to announce the acquisition of a 48,663-square foot building located at 999 Regency Drive in Glendale Heights, Illinois. Darwin President Richard G. Daly, SIOR represented the purchaser, Robert C. Weisheit Co., Inc. who acquired the property for the expansion and relocation of his high-tech manufacturing business.read full article
27 Jul 2015
Darwin Realty announces investment sale of 167,000 square feet in Carol Stream, Illinois to Industrial Property Trust
Darwin Realty has announced the investment sale of 167,000 square feet at 205 Della Court, Carol Stream, Illinois. The building and property is leased for 8+ years to FedEx Ground. The purchase price was in excess of $20,000,000. Noel S. Liston, Principal and Doug Pilcher, Associate, of Darwin Realty represented the purchaser, Industrial Income Trust, and the seller, a private partnership, in the sale of the fully-leased building situated on 20 acres of land. The building was constructed in 1999 and contains 86 exterior docks in a cross-dock configuration along with 250+ trailer positions and 28’ clear ceilings throughout.read full article
21 Jul 2015
(Elmhurst, Illinois – July 21 2015) – Darwin Realty is pleased to announce the investment sale of 167,000 square feet at 205 Della Court, Carol Stream, Illinois. Noel S. Liston, Principal and Doug Pilcher, Associate, of Darwin Realty represented the purchaser, Industrial Income Trust, and the seller, a private partnership, in the sale of the fully-leased building situated on 20 acres of land. (more…)read full article
17 Jul 2015
(Elmhurst, Illinois – July 17 2015) – Darwin Realty is pleased to announce that the firm’s Rick Daly and Jeff Provenza represented the freight forwarding firm GO2 Logistics in the acquisition of 2233 West Street, River Grove, Illinois. (more…)read full article
6 Jul 2015
(Elmhurst, Illinois – July 06 2015) – Darwin Realty is pleased to announce the recent signing of the following long term leases within the 1,000,000 sf DCT Business Center Elgin:
Printpack, Inc. renewal and expansion into a total of 49,134 sf within 300 Corporate Dr.
CentiMark Corporation long term lease of 34,449 sf within 200 Corporate Dr.read full article
5 Jun 2015
(Elmhurst, Illinois – June 5, 2015) – Darwin Realty is pleased to announce that Darwin’s Rick Daly, Noel Liston, and Jeff Provenza represented the seller, CenterPoint Properties, in the investment sale of a 263,668-square-foot building located at 2425-2553 Edington Street in Franklin Park, Illinois to a private investor who is expanding their portfolio. (more…)read full article
5 Jun 2015
(Elmhurst, Illinois – June 5, 2015) – Darwin Realty announces a 52,000 square foot lease at 2553 Edgington Street in Franklin Park. This space is part of a multi-tenant building owned and managed by CenterPoint Properties. (more…)read full article
29 May 2015
(Elmhurst, Illinois – June XX, 2015) – Richard G. Daly, President of Darwin Realty, recently represented Duke Realty in the leasing of 515 Crossroads Parkway in Bolingbrook, Illinois.
515 Crossroads is a free-standing building totaling 145,000 square feet located in Crossroads Business Park. Features include 12,000 square feet of office space, 24’ ceiling height, and 7 loading docks. (more…)read full article
30 Apr 2015
Broker completes nearly 80,000 s.f. in transactions
(Elmhurst, Illinois – April 30, 2015) – Darwin Realty is pleased to announce that Darwin’s Jeff Provenza has completed a sale and a lease transaction in Bensenville and Lisle. (more…)read full article
29 Apr 2015
Darwin Realty announces the investment sale of an 85,000 square foot fully-leased building at 1811-1821 IndustrialDrive in Libertyville, Illinois. (more…)read full article
13 Apr 2015
Site features rare feature of additional land for outside storage for equipment
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Darwin’s Adam Haefner, Director of Brokerage Services, and Associate Laura Pawlowski represented both the buyer and the seller in the sale transaction of 484-500 Vista Avenue, Addison, Illinois, a 41,427-square-foot industrial building on 3.1 acres in DuPage County. (more…)read full article
13 Apr 2015
Site features secure storage for equipment
Darwin Realty is pleased to announce that Darwin’s Adam Haefner, Director of Brokerage Services, and Associate Laura Pawlowski represented D2K Traffic Equipment in long-term lease at 1251 Frontenanc Road, Naperville, Illinois. (more…)read full article
13 Apr 2015
Site features outside storage for equipment
Darwin Realty is pleased to announce that Darwin Principal Dan Fanelli, SIOR, and Chairman George Cibula, SIOR, represented Arrow Pneumatics, Inc., in a long-term lease renewal for 43,175 square feet at 2109-2111 21st Street, Broadview, Illinois. (more…)read full article
31 Mar 2015
Furniture distributor needed more space for expansion
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Darwin President Richard G. Daly, SIOR, partnered with Adam Haefner, Director of Brokerage Services, to represent TA Associates Realty in the lease of 25,573 square feet at 1757 Marshall Drive, Des Plaines, Illinois, to Deco Salon Furniture, Inc. Deco Salon Furniture, a furniture distribution company, was represented by Ryan Phillips and John Joyce of Transwestern. (more…)read full article
24 Mar 2015
The company leased 44,288 square feet for CenterPoint Properties
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Dan Prendergast of Darwin Realty represented CenterPoint Properties in the long term lease of 44,288 square feet at 3712 Jarvis Avenue, Skokie to Eco-Brite Linens. (more…)read full article
18 Mar 2015
Expanding firm needed additional space
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Dan Fanelli, Principal of Darwin Realty represented both the tenant and landlord in a 1,500-square-foot lease. (more…)read full article
17 Feb 2015
Brokerage team inks nearly 400,000 square feet in new deals
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that the firm has recently completed 393,000 square feet of transactions on behalf of client TA Associates including one of the largest industrial leases in 2014 in the O’Hare submarket. (more…)read full article
6 Jan 2015
Expanding manufacturer/distributor to grow client base from new site
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Brendan Sheahan with the firm represented the buyer in the acquisition of 2531 Dukane Drive, a 36,371-square-foot industrial facility on 2.118 acres in St. Charles, Illinois. (more…)read full article
24 Nov 2014
(Elmhurst, Illinois) – Darwin Realty is pleased to announce he sale of a 1,500-square-foot industrial condo unit, #208, at 820 West Lake Street, Roselle, Illinois, to Mas Plumbing which will use the facility as a base of operations for the firm’s plumbing business. (more…)read full article
29 Oct 2014
Expanding industrial firm to build new facility in Cook County
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Darwin Vice President Adam Haefner and Chairman George Cibula, SIOR, represented both the buyer and the private seller in the acquisition of 7035 West 65th Street in Bedford Park, Illinois, a 437,910-square-foot industrial facility on 13 acres. (more…)read full article
25 Sep 2014
Transaction is the second disposition in Addison for Darwin this fall
(Elmhurst, Illinois) – Darwin Realty is pleased to announce Darwin Vice President Adam Haefner and Associate Laura Pawlowski represented TJ Wire Forming, Inc. in the acquisition of 824 Kay Avenue in Addison, Illinois, a 10,400-square-foot industrial facility on 0.48 acres. Joyce Slone of Slone Commercial represented the seller Chicago Title Land Trust Company. (more…)read full article
25 Sep 2014
Building is headquarters for national leader in bowling bags
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Darwin Chairman George J. Cibula and Principal Dan Fanelli represented both the landlord, GIS Rolling LLC, and the tenant, Strikeforce Bowling LLC, in the long-term lease renewal at 2001 Parkes Drive, in Broadview, Illinois. Strikeforce leased all of the 53,284-square-foot building, which is on 2.7 acres. The facility is the headquarters for Strikeforce and includes manufacturing and distribution. (more…)read full article
25 Sep 2014
Team represents both buyer and seller in DuPage County transaction
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Principal Noel S. Liston represented both buyer and seller in the disposition of 330 South Fairbank Street, Addison, Illinois, a 34,688-square-foot industrial facility in 3.16 acres. Panattoni Development was the seller while Fieldsource Construction, an interior demolition and remodeling firm, was the buyer. (more…)read full article
25 Sep 2014
Deal highlights more positive absorption and business expansion in area Industrial market
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Darwin Principal Noel S. Liston and Associate Brendan Sheahan represented the tenant at 1175 Alexander Court, Cary, Illinois, in McHenry County, a 44,800 square foot property on 3.2 acres. (more…)read full article
4 Sep 2014
DuPage property offers flexibility in zoning and opportunity along Ogden Avenue
(Elmhurst, Illinois) – Darwin Realty is pleased to announce Darwin Chairman George J. Cibula and Principal Noel S. Liston represented a private investor in the sale of 50 West Ogden Avenue in Westmont, Illinois. The 23,164-square-foot building is on 2.29 acres. The buyer, Breen Horizon LLC, which plans to lease the property, was represented by Brian Butler of The Butler Group.read full article
8 Aug 2014
Recent Transactions Totaling Over 940,000 Square Feet
(Elmhurst, Illinois) – Darwin Realty announces that Principal Noel S. Liston has recently completed several transactions totaling more than 940,000 square feet. Mr. Liston, who has 20 years of commercial real estate industry experience, is Darwin’s Director of Brokerage Services. (more…)read full article
26 Jun 2014
Deal highlights more positive absorption in Chicago’s Industrial market
(Elmhurst, Illinois) – Darwin Realty is pleased to announce that Adam Haefner, Vice President of the firm has represented MWD Logistics, Inc., a third-party distribution firm in the lease of 115,200 square feet within a 259,680 square foot building at 1480-1540 East 97th Place in Chicago, Illinois. (more…)read full article
18 Jun 2014
Darwin Realty represented buyer in purchase of Pactiv and FedEx facilities
(Elmhurst, Illinois) –Welbic Investments, announced today that the company has refinanced a 1.4 million square foot, 27-building portfolio, including two new buildings the investment company recently purchased. The portfolio includes both industrial and office properties with more than 100 tenants located throughout the Chicagoland area and Southeastern Wisconsin. (more…)read full article
17 Jun 2014
Darwin Realty represented the building owner, Welbic Investments
(Elmhurst, Illinois) –Darwin Realty and Welbic Investments are pleased to announce that Grane Transporation has renewed its lease of the entire 174,824 square foot facility located at 703 Foster Avenue in Bensenville, Illinois. (more…)read full article
17 Jun 2014
Darwin Realty is pleased to announce that Darwin President Richard G. Daly, SIOR, represented iD Commerce + Logistics in their lease of 101,513 square feet of space within a 135,526-square-foot industrial building at 80 Internationale Boulevard in Glendale Heights, Illinois. (more…)read full article
17 Jun 2014
A 319,683 SF facility in University Park, IL
(Elmhurst, Illinois) – Darwin Realty today announces that the firm has brokered the sale of a 319,683 square foot industrial building located at 2635 Federal Signal Drive in University Park, Illinois. This is one of the largest industrial sales to a user in Will County in 2014. (more…)read full article
16 Jun 2014
(Elmhurst, Illinois) – Darwin Realty today announces that the firm has represented a private investment group in the sale of a 51,023 square foot building on 2.34 acres located at 945 Larch Avenue in Elmhurst, Illinois. (more…)read full article
13 Jun 2014
Darwin represents the buyer in 113,643 SF industrial building
(Elmhurst, Illinois) – Darwin Realty today announces that Dan Fanelli, SIOR of the firm has represented Sterling Spring Corporation in the purchase of a 113,634 square foot building on 3.68 acres at 7171 W. 65th Street in Bedford Park, Illinois. (more…)read full article