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MidwestIndustrial

Colliers represents both buyer and seller of Carol Stream facility

Staff Writer April 5, 2017
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Brian W. Kling, senior vice president with the Industrial Advisory Group of Colliers International | Chicago, represented Illinois Central Bus in the purchase of 640 Kimberly Drive, a 27,883-square-foot building located on 13 acres of land in Carol Stream, Ill.  The sale transaction closed in July 2011 and the seller was Airgas Inc. Matthew J. Stauber, SIOR, principal, and Thomas C. Rodeno, senior vice president, also with Colliers International, represented Airgas.

Illinois Central School Bus is the 5th largest school bus company in the nation.  The Company operates from 54 facilities located in Illinois, Indiana, Missouri, Kansas, Minnesota, Wisconsin, and Massachusetts.  The company has a fleet of over 3,400 school buses, vans and other student transportation vehicles with an average fleet age of 5.3 years.  Founded in May of 2004, Illinois Central School Bus is the fastest growing school bus business in the nation for the last 2 years.

Constructed in 1985, 615 Kimberly Drive is a 27,883-square-foot warehouse building located near the intersection of Gary Avenue and Fullerton Avenue in Carol Stream.  The building has 3,000 square feet of office space and sits on 13 acres of land.  Airgas, Inc.,the largest U.S. distributor of industrial, medical, and specialty gases, had owned the building since 2000.

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