COLLIERS BENNETT & KAHNWEILER SELLS LAND PARCELS FOR FUTURE INDUSTRIAL PARK

NAPERVILLE AND WARRENVILLE, ILL. — Charles Canale and Brian Kling of Colliers Bennett & Kahnweiler have represented Burgess Enterprises in the acquisition of two parcels of land located along the south side of Ferry Road in Naperville and Warrenville. The Naperville property consists of a 38-acre parcel, which was sold by Hartz Construction; the adjacent Warrenville property consists of a 7-acre parcel, which was sold by Paul Swanson & Associates. Hartz Construction was represented in-house, while Paul Swanson & Associates was represented by Joseph Dvorak of Colliers Bennett & Kahnweiler in the transaction. Burgess Enterprises has purchased the properties to construct the master-planned High Point of Naperville industrial park. The LEED-certified project, which will break ground in the spring, will consist mostly of speculative office, warehouse and commercial condo components. The acquisition prices for the properties were not disclosed.