Woodward Buys 334K in Niles

CHICAGO—Woodward, Inc., a company with a long and storied history in Illinois, recently purchased a 366,931-square-foot warehouse and production facility in Niles, one of the largest real estate transactions in the north suburbs in the past several years. The company bought the property from Duke Realty for nearly $24 million, according to Cook County records.

Woodward, which designs and manufactures products used by aerospace and energy companies to manage fuel and energy use, was founded in Rockford, IL in 1870. It plans to consolidate Chicago-area operations spread across five facilities in Niles and nearby Skokie into this building at 6300 W. Howard St. between Caldwell Ave. and Lehigh Ave.