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MidwestCRE

Paine/Wetzel/TCN Worldwide completes five industrial transactions

Staff Writer April 5, 2017
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Paine/Wetzel/TCN Worldwide has completed five industrial transactions in Chicago, Waukegan, Skokie and Wheeling.

Decorative Container Inc. has purchased a 38,000-square-foot building located at 6935-39 W. 62nd St. in Chicago.  Whit Heitman, principal, Sam Badger, senior vice president and Brad Weiner, vice president of Paine/Wetzel/TCN Worldwide represented the buyer in the transaction.  Jeffrey Locascio worked on behalf of the seller, Newmark Knight Frank.

Turner Acceptance Corp has leased 40,816 square feet at 4900 Howard in Skokie.  Due to the expansion of the company, it has signed a long term lease and is relocating from a smaller facility in Evanston, IL. Heitman, Badger and Weiner represented the landlord, Walker Partners, LLC.  Baum Reality represented the tenant.

POWERVAR Inc. has leased 32,000 square feet of additional space at 1605 Waukegan Road in Waukegan. Heitman, Badger and Weiner represented the building owner, Prudential, in the transaction. 

Alliance Disaster Kleenup has leased 14,032 square feet within in a 31,241 square foot building at 574 Wheeling Road in Wheeling.  Heitman, Badger and Weiner represented the landlord and Cindy Dixon of The Dixon Group represented the tenant in the transaction.

Nightingale Conant has leased an 8,700-square-foot facility at 1400 S. Wolf Road in Wheeling. Heitman, Badger and Weiner represented the tenant. WIFI Properties is the landlord.

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