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
MidwestCRE

Brown Commercial Group negotiates sale of 22,624 SF warehouse in Aurora, IL

Staff Writer April 4, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Brown Commercial Group, a real estate firm focused on Chicagoland-area industrial leasing and sales, has negotiated the sale of a 22,624-square-foot industrial facility on a 1.61 acre site at 1941 Selmarten Rd. in Aurora, IL.

The new owner, a private investor, will double its warehouse capacity through this acquisition. Nick Eboli with Lee & Associates represented the buyer in this transaction. The seller, a trustee-managed portfolio overseen by Gus Paloian, a partner with Seyfarth Shaw, was represented by Dan Brown and Gay Crain, CCIM, of Elk Grove Village-based Brown Commercial Group.

This is the fourth property Brown Commercial Group has sold for the bankruptcy trustee. The price of each disposition has not been disclosed.

Built in 1991, 1941 Selmarten Rd. in Aurora is a single-story distribution warehouse at the corner of Selmarten Road and Mallette Road in an industrial park near the interchange at I-88 and Farnsworth Ave. The masonry and insulated metal panel building features one interior truck dock and two drive-in doors, approximately 1,225 square feet of office space, and limited interior columns with clear heights that range from 17-feet to 20-feet.

Tags
Homepage
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MissouriMultifamily

Northmarq closes sale of two apartment properties in Missouri

March 22, 2023
KansasIndustrial

MAG Capital Partners acquires 325,259-square-foot industrial portfolio in Kansas

March 22, 2023
MinnesotaCRE

Minneapolis’ Kraus-Anderson boosts its management staff

March 22, 2023
MissouriCRE

In memoriam: Stephen Block of Block Real Estate Services

March 22, 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