Entre Commercial Realty closed the sale of a 95,179-square-foot industrial facility at 999 Raymond St. in Elgin, Illinois.
The purchaser, a locally based parts distributor, plans to invest in substantial renovations to both the office and warehouse areas as part of a broader strategy to support the company’s continued growth, enhance operational efficiencies, and accommodate future expansion.
The freestanding property features seven docks, two drive-in doors, heavy power capabilities, and dedicated outdoor storage, making it a desirable asset for industrial users seeking operational flexibility and expansion opportunities.
Entre Commercial generated significant market interest in the property, securing multiple competitive offers and successfully capitalizing on strong demand for freestanding industrial facilities in the greater Chicago market, particularly outside of Cook County.
Mike DeSerto, Cory Kay, and Elisabeth Lazzara of Entre Commercial Realty represented the seller, Brennan Investment Group, while XR Realty represented the purchaser in this transaction.
