REBusinessOnline

CB RICHARD ELLIS ARRANGES 219,732-SF INDUSTRIAL SALE

WHEELING, ILL. — David Tropp, Keith Puritz, Brett Kroner, Ryan Bain and Zach Graham of CB Richard Ellis have represented Pactiv Corp. in the sale of an industrial building located at 1500 S. Wolf Rd. in Wheeling. The 219,732-square-foot facility was acquired by CenterPoint Properties, and features approximately 15,500 square feet of office space and 24-foot clear-height ceilings. This fall, CenterPoint Properties will begin a general renovation of the one-story building. The asking price was $9.5 million.

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