Faropoint announced today the purchase of a 62,000 square foot industrial facility on 2.54 acres located at 529 Thomas Drive in Bensenville, IL. Jeff Provenza and Sam Lepore of Darwin Realty represented Faropoint and the Seller in the transaction.
“529 Thomas is another great add to our last mile ecosystem. We plan to keep growing in the O’Hare market and are optimistic on the growth potential here.” said Ahmed Chapsi, Senior Asset Management Associate at Faropoint.
“Darwin Realty was excited to procure an off-market investment opportunity for Faropoint in an infill O’Hare location. Faropoint executed the acquisition seamlessly” said Sam Lepore, Associate at Darwin Realty
529 Thomas is a single-tenant building located in the O’Hare submarket of Chicago. The project was built in 1974 and measures approximately 62,000 SF. The building is home to a manufacturing tenant and boasts 20’ clear heights and 12 exterior docks.
