Ed Wabick, principal of Paine/Wetzel/TCN Worldwide, has completed a number of transactions totaling more than 90 acres of land along with 128,000 square feet of sales and leases in Illinois and Indiana.
MZG LLC has purchased 50 acres at 300 W. 151st St. in East Chicago, Ind., and expects to develop the site making it ready for build-to-suits ranging from 50,000 to 350,000 square feet, primarily geared toward steel and manufacturing companies. The rail-served site benefits from a northwest Indiana location with immediate access to the expressway system and all of the incentives Indiana offers businesses. Wabick represented the buyer in the transaction and Conor Mullady of Jones Lang LaSalle worked on behalf of the seller, Union Tank Car Company.
Dunnet Bay Construction is expanding its operations from Illinois and has purchased an 18.5 acre land site located at 6100 Woodmar Ave. in Hammond, Ind. The company chose the property due to its location near expressways and being able to lower their operating cost by moving to Indiana. The site is served by the Indiana Harbor Belt Railroad and sits within the Hammond Enterprise Zone. The company was started in 1990 and specializes in the construction of bridges and infrastructure. Wabick along with Jeff Brant of Brant Companies represented the seller, Artim Properties in the transaction. Howard Cyrus of Cyrus Realtors worked on behalf of the buyer.
C.R. England has acquired a 42,830-square-foot industrial building at 17201 S. State St. in South Holland, Ill. Already a tenant in the building, the company is expanding its operations and has purchased the entire facility situated on 33.5 acres. C. R. England is a refrigerated trucking company and for the last 90 years has specialized in moving temperature sensitive freight. The secured building features 8,000 square feet of office space, 24 doors and close proximity to I-80/94 and I-294. Wabick represented the seller, FJCCO LLC, in the transaction. The buyer was not represented.
MAC Medical Supply Company has leased 67,680 square feet of space within a 650,000-square-foot industrial building located at 9200 Calumet Ave. within the Lake Business Center in Munster, Ind. The company, a certified Women’s Business Enterprise, is a worldwide distributor of cutting edge medical supplies. MAC is relocating its operations from Tinley Park, Ill., primarily due to the overall lower business cost in Indiana. Built in 1956, the building space features four docks, 20-foot clear ceiling height, 2,500 square feet of office space, along with new lighting and heating. Wabick and Adam Karras, senior associate of Paine/Wetzel / TCN Worldwide, represented the landlord, Simborg Development, in the transaction. Karras also worked on behalf of the tenant.
Kitchen RMM LLC has leased 9,000 square feet of space at 2600 West 35th St. in Chicago. The catering company chose the building for its expansion and relocation, due to the great location with I-55 visibility, easy access to expressways and close proximity to downtown Chicago and Midway Airport. As the site of the former Campbell Soup Co. plant and built in 1930, the 680,000-square-foot multi-tenant facility offers modern warehouse space, office and commercial loft space. Other features of the 26-foot clear, single-story warehouse includes truck docks, drive-in capability, large open bays, and heavy (redundant) power. Wabick represented the landlord, Chicago Business Center LLC in the transaction. Beverly Hayes of Chicago Industrial Real Estate worked on behalf of the tenant.