Darwin Realty & Development Corporation has announced the sale-leaseback of a 110,646-square-foot industrial building at 5353 W. Armstrong, Chicago,to 5353 W Armstrong LLC.
The building sold for $2.3 million. This manufacturing building sits on 3.75 acres and features heavy power, four docks, two drive-in-doors, parking for up to 150 cars, and approximately 10,000 square feet of office space. The original owner, Pyramid Mouldings, intends to lease the building back for approximately one year.
Ryan Hanley of Darwin Realty & Development Corporation represented the seller, Pyramid Mouldings, and Mark and Michael Nelson of NelsonHill represented the Buyer, 5353 W Armstrong LLC.
