Universal Beauty Products Inc. purchased a 94,682-square-foot industrial facility at 221 Covington Dr., in the western Chicago suburb of Bloomingdale, near its Glendale Heights headquarters.
The recently-renovated facility will accommodate the company’s continued growth in the Chicago market. Located within the Covington Corporate Center business park, the facility includes 19,115 square feet of premium Class A office space, 25-foot clear heights, five enclosed truck docks, 155 parking spaces, T-5 lighting and an ESFR sprinkler system.
Universal Beauty Products was represented in the transaction by Cushman & Wakefield Senior Director, Eric Fischer, and Executive Directors Keith Puritz and Brett Kroner. The seller, High Street Realty Company, LLC, was represented by Jeff Fischer and Adam Naparsteck of NAI Hiffman.
“The Central DuPage submarket is incredibly tight right now, presenting very few opportunities for end-users to acquire high-end, sizable industrial facilities,” said Fischer. “Universal Beauty Products will benefit from the property’s recent state-of-the-art renovations, close proximity to an abundance of retail and restaurant options, convenient access to several highways and its central location in one of Chicago’s most sought after industrial corridors.”