Commercial real estate news releases from Avison Young

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North Side Industrial Buildings Set for Post-Sale Modernization

North Side Industrial Buildings Set for Post-Sale Modernization June 7, 2021

Avison Young negotiated a 100,000-square-foot, three-building industrial sale on Chicago’s North Side for an undisclosed sum.

"Avison Young negotiated a 100,000-square-foot, three-building industrial sale on Chicago’s North Side for an undisclosed sum. The contiguous buildings are at 4006 W. Belden Ave., 2311 N. Keystone Ave. and 2321 N. Keystone Ave., on the northeast corner of W. Belden and Keystone avenues.

Principal Steven Kohn and associate Patrick Richwine represented the seller, Eazypower Corporation, which is relocating to a new corporate headquarters in Chicago’s northern suburbs. The buyer was a Chicago multi-tenant industrial investor that plans an extensive renovation to modernize the property. The buyer has retained Kohn and Richwine as marketing agents for the redevelopment.

Click here for the full story by Connect CRE's Paul Bubny