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Cluster of industrial properties in Hermosa trade, set for renovation

Cluster of industrial properties in Hermosa trade, set for renovation 9 Jun 2021

Avison Young announced that it has negotiated a 100,000-square-foot three-building industrial sale in Chicago.

"Avison Young announced that it has negotiated a 100,000-square-foot three-building industrial sale in Chicago. The contiguous buildings are on the city’s Northside, at 4006 W. Belden Ave., 2311 N. Keystone Ave. and 2321 N. Keystone Ave., on the northeast corner of W. Belden and Keystone avenues.

Avison Young Principal Steven Kohn, SIOR, 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 to complete an extensive renovation to modernize the property. The buyer has retained Kohn and Richwine as marketing agents for the redevelopment project."

 

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