X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the industrial market, click here.)

BENSENVILLE, IL-Two industrial properties in the shadows of O’Hare International Airport have changed hands, one of them for the second time this year. CenterPoint Properties Trust, which acquired a 59,648-sf manufacturing building at 759 Industrial Dr. here in June, has sold it to Quality Carbide for nearly $3.5 million.

Meanwhile, Des Plaines-based J. Emil Anderson sold its 81,674-sf warehouse at 2939-59 Hart Dr. in neighboring Franklin Park for $3.2 million to MRT Sureway Inc. J. Emil Anderson had owned the property for 12 years.

Oak Brook-based CenterPoint Properties Trust paid Parkview Metals less than $2.9 million for 759 Industrial Dr. earlier this year. Trammell Crow Co. senior vice president Chris Tecu represented the REIT in both deals. Most recently, Don Jaffe of Paine Wetzel handled negotiations for Quality Carbide.

NAI Hiffman executive vice president C.L. Botthof and vice president Steve Sullivan represented J. Emil Anderson in the sale of the Franklin Park property in negotiations with Harley Kahn of REA Commercial Real Estate.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.