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IllinoisIndustrial

Cawley Chicago facilitates client in selling current facility and purchasing new space

January 4, 2022
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Cawley Chicago’s Lake County industrial team recently closed on the sale of a 32,000-square-foot industrial site located at 10200 US HWY 14 in Woodstock, IL.

The team, consisting of Principal, David Conroy, alongside Vice President, Tim Gallagher and Associate, Joe Shapiro, represented the building owner, Pacific Electronics Company in two transactions. After selling their building in Woodstock, the Cawley team proceeded to represent their client in finding new space to run their operations in.

“With the high prices that industrial properties are selling at today, it is a great time for companies to cash out on the equity they have in real estate and reevaluate their real estate needs,” says Shapiro. Pacific Electronics Company will now be operating out of their new facility located at 10815 Commercial Street in Richmond, IL.

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