CHICAGO—Magid Glove & Safety has justcompleted the acquisition of 1300 Naperville Dr., a703,973-square-foot industrial building in suburban Romeoville lessthan one mile from I-55. The company has decided to consolidate itsmanufacturing, headquarters and distribution operations fromseveral existing locations in Chicago into the Romeoville site.According to documents filed with Will County, theprice was $12.6 million.
Magid manufactures, imports, distributes and directlysupplies hand protection, protective clothing, first aid, andpersonal protective equipment.
Brad Weiner and Whit Heitmanfrom Cushman & Wakefield represented Magid inthe transaction and were assisted by Jeff Girlingand Terry Lynch of Paine/Wetzel.Cushman & Wakefield's Jason West andSean Henrick represented the seller,Venture One Real Estate.
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