CBRE has arranged the acquisition of two industrial properties totaling 182,845 square feet near Chicago’s O’Hare airport.
Entities owned by Steve Greenspon, the owner of Honey-Can-Do International LLC, acquired a 96,225-square-foot facility at 11600 King St. in Franklin Park, Illinois, and an 86,620-square-foot building at 5303 St. Charles Road in Bellwood, Illinois, in two separate transactions that closed on Dec. 14, 2021. Sales prices were not disclosed.
CBRE’s Peter Roberson and David Lind represented the buyer in the transaction. Honey-Can-Do International LLC is a provider of housewares operating under brands such as Honey-Can-Do, Joyce Chen, Perch and Old Stone Oven. The property at 5303 St. Charles Road was purchased from St. Charles 5303 LLC and the property at 11600 King St. was purchased from King 11600 LLC.
