MB Real Estate Brokers $10.6M Sale of Industrial Loft Building in Chicago

by Christina Cannon

CHICAGO — MB Real Estate has brokered the $10.6 million sale of an industrial loft building in Chicago’s Lincoln Park neighborhood. The 90,000-square-foot building, located at 2065 N. Southport Ave., sits across the street from a 22-acre campus that was previously occupied by Finkl & Sons Co., the world’s leading supplier of steel processing. The campus is now one of the largest infill sites in the country. The four-story building features 22,500-square-foot floor plates and 12- to 15-foot ceilings. David Kimball of MB Real Estate represented the seller, Maclee Chemical Co., in the transaction. The buyer in the transaction was undisclosed. Maclee Chemical Co. was also the previous tenant but vacated the building upon the sale of the property. The facility, built in 1915, will be converted into creative office space.

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