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IllinoisIndustrial

Oak Brook’s Core Industrial Realty announces $100 million in completed transactions

February 21, 2024
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950 Ice Cream Drive in North Aurora. Rendering provided by Ted Staszak of Transwestern.

Core Industrial Realty, an Oak Brook, Illinois-based industrial brokerage firm, has completed the following transactions in the fourth quarter of 2023 and first of 2024.

950 Ice Cream Drive, North Aurora, IL (174,000 SF)

Core Industrial Partners Nick Krejci and Noel Liston represented the purchaser, Perla USA, in their acquisition of a ±174,000 square foot newly constructed building in North Aurora, Illinois.  Perla Foods will utilize the building for their US headquarters for production and distribution of their antipasti product line.  The 174,000 square foot building was developed by Transwestern and completed in 2022.  The building features 36’ clear height throughout the warehouse, 20 exterior loading docks, 2 drive-in doors, and sits on 12.3 acres of land.

1705 Madeline Lane, Elgin, IL (144,000 SF)

Broker Parker Ray and Noel Liston represented Component Plastics, Inc. in their purchase of a newly developed 144,000 SF building in Elgin, Illinois.  The building was developed by Seefried Industrial Properties and completed in December 2023.  The purchaser, a plastic injection molding company relocating from a nearby facility, closed on the property upon substantial completion.  The building was sold in shell condition and the purchaser will complete the interior finish to suit their manufacturing operations.

Other transactions recently completed by Core Industrial Realty:

Frank Damato, Partner and Noel Liston represented the seller of the Aurora Sports Complex located at 100 Route 30, Aurora, Illinois.

Nick Krejci and Noel Liston represented Panattoni in leasing 180,000 square feet at 2200 Sullivan Road in Aurora, Illinois.

Krejci and Liston also represented Sparkstone in their lease of 90,000 square feet in Addison, Illinois.

Partner Nick Krejci represented the tenant in their lease of 25,000 square feet in Bensneville, Illinois

Nick Krejci and Noel Liston represented purchaser, Dayton Street Partners, in their acquisition of a 28,000 square foot investment property in Elmhurst, Illinois.

Parker Ray and Noel Liston represented the seller of 1175 Davis Road in Elgin, Illinois.

Partner Matthew Lee represented the purchaser of a 40,000 square foot building in Melrose Park, Illinois as well as a 24,000 square foot lease in Romeoville, Illinois on behalf of tenant.

Broker Ryan Mullins and Frank Damato represented the tenant in their lease of 15,000 square feet in Addison, Illinois.

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