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CB RICHARD ELLIS BROKERS SALE OF 209,907-SQUARE-FOOT MANUFACTURING BUILDING

CHICAGO — George Maragos and Brad Weiner of CB Richard Ellis’ Downtown Chicago office have represented American Licorice Co. in the sale of a 209,907-square-foot freestanding manufacturing building located at 3701 West 128th Place in Chicago. The multi-tenant property contains 25 exterior loading docks and two drive-in doors. Madison Partners Realty has acquired the facility, and hired CB Richard Ellis to market the property for lease. The acquisition price was not disclosed. On behalf of Madison Partners Realty, Maragos and Weiner arranged a 10-year, 40,000-square-foot lease within the building for Bill Downs Enterprises. The Tinley Park office of Network Commercial Real Estate represented Bill Downs Enterprises in the transaction.

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