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MidwestCRE

Darwin represents private investors in disposition

Staff Writer April 4, 2017
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Darwin Realty & Development Corporation‘s Chairman, George J. Cibula, and Principal, Noel S. Liston, represented a private investor in the sale of 50 West Ogden Avenue in Westmont, Illinois. The 23,164-square-foot building is on 2.29 acres. The buyer, Breen Horizon LLC, which plans to lease the property, was represented by Brian Butler of The Butler Group.

The property was built in 2005 and features 7,200 square feet of office space, 18- to 24-clear ceiling height and has outstanding visibility on densely retail-developed Ogden Avenue. Westmont is part of the DuPage County submarket that currently has a 6.69 percent vacancy rate. The building sits on 2.3 acres which allows for expansion of the building or parking and has the flexibility of B-2 zoning for General Business District.

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