NELSONHILL TO MARKET 653,190 SF INDUSTRIAL PORTFOLIO

BROADVIEW AND MELROSE PARK, ILL. — NelsonHill has been named the exclusive agent for the disposition of a multi-tenant industrial portfolio including three buildings totaling more than 653,190 square feet. The properties are located in Broadview and Melrose Park, western suburbs of Chicago, and owned by Joe Reina. The first property is a 389,155-square-foot facility at 2600 S. 25th Ave. in Broadview and is occupied by 23 tenants. Built in 1966 for General Motors and renovated in 2000 and 2010, the building is 99 percent leased. At 1930 George St. in Melrose Park, the second building spans 179,300 square feet and is situated on almost six acres of land. Built in 1963 and renovated in 2010, the property has seven tenants and is 99 percent leased. The third in the portfolio is an 84,735-square-foot complex at 5109 W. Lake St. in Melrose Park. The warehouse and office building is occupied by six tenants and is 82 percent leased. Mark Nelson, Mike Nelson and Frank Melchert of NelsonHill are the listing brokers for the portfolio.