Industrial Midwest

LaSalle Investment management sells Carol Stream property for $22.3M

Cushman & Wakefield of Illinois, Inc. has completed the sale of Carol Point Business Center, a three-building, 427,192-square-foot complex located in Carol Stream, Illinois. C&W’s James D. Carpenter, senior director, and Kenneth J. Szady, executive director, represented the seller, LaSalle Investment Management, one of the world’s leading real estate investment managers. The property was purchased for $22,350,000 by AEW Capital Management.

Industrial Midwest

McShane breaks ground on 362k s.f. development for Edward Don & Co.

Edward Don & Company has broken ground on a 20-acre parcel at the Union Pointe business park for the construction of its new 362,500-square-foot corporate headquarters and logistics center. The new build-to-suit will be located at the recently launched Union Pointe business park, situated at the intersection of I-355 and I-55 in Woodridge, Illinois that is being co-developed by McShane Development Company and Gallagher and Henry.

Industrial Midwest

Navistar expands in Elmhurst

The Industrial Advisory Group of Colliers International | Chicago recently represented International Airport Centers (IAC) in a 248,748-square-foot new long-term lease to Navistar at 1000 N. County Line Road, Elmhurst, Ill.