Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisIndustrial

Avison Young brokers Hermosa warehouse sale

June 28, 2021
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Avison Young announced that it has negotiated a 11,600-square-foot industrial warehouse sale at 4447 W. Armitage Ave. in Chicago’s Hermosa neighborhood.

Avison Young Principal Steven Kohn, SIOR, and Associate Patrick Richwine represented the seller, Pac Team Group, an East Coast business that was using the building as a satellite warehouse. This is the second industrial building sale the team has completed in recent months in the Hermosa neighborhood. The first sale was a 100,000-sf three building sale at 4006 W. Belden Ave., approximately one mile from the Armitage location.

The buyer, Joel Oppenheimer, Inc. was represented by JLL.

“There continues to be tremendous interest in Chicago’s infill industrial market, as companies look for buildings with proximity to the city’s major transportation corridors ,” says Richwine. “The Hermosa area of Chicago is ideal for these types of businesses, as it offers small to mid-sized sites within established communities of industrial occupiers. 

Tags
Avison Young
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisCREFinanceIndustrialMultifamily

A macro perspective of CRE finance with Marquette Bank

Mia GoulartFebruary 7, 2023
WisconsinOffice

Mosiac Construction completes office renovation in downtown Milwaukee

February 7, 2023
MissouriHospitality

Midas Enterprises names leaders for new St. Louis-area hotel

February 7, 2023
OhioCRE

Columbus office of CBRE names new vice chairman

February 7, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com