REBusinessOnline

DARWIN REALTY & DEVELOPMENT CORP. COMPLETES THREE INDUSTRIAL TRANSACTIONS

FRANKLIN PARK AND CHICAGO, ILL. — Richard Daly of Darwin Realty & Development Corp. has represented both parties in the sale of an industrial building located at 11533 Franklin Ave. in Franklin Park. Regent Aerospace has purchased the facility from CenterPoint Properties for an undisclosed amount. The 62,000-square-foot building houses a 7,285-square-foot office component, and includes 21-foot clear-height ceilings. Additionally, Darwin Realty & Development has represented New York-based landlord Ashley Capital in securing two separate leases within Calumet Business Center in Chicago. The 2 million-square-foot Calumet Business Center features 12 buildings located along Interstate 94. Chicago-based Bullen Midwest Co. has signed a lease for 48,160 square feet of warehouse space within the 96,160-square-foot 9860 South Dorchester building. Chris Gary, George Cibula and Ryan Hanley of Darwin represented Ashley Capital in the transaction. The same team also represented Ashley Capital in leasing 30,000 square feet of warehouse space to Paris Business Products. The Paris Business Products space is located within a 256,000-square-foot building served by the Norfolk Southern Railroad. Rob Federighi of Chicagobroker.com represented Paris Business Products in the transaction.

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