May
29
Midwest Industrial Lets Go of Illinois Warehouse
ByThe company bought the 76,000-square-foot industrial building located in Carey, Ill., in 2015, and completely repositioned and modernized it to bring it to market-ready condition.
Midwest Industrial Funds, which has recently acquired a warehouse in Huntley, Ill., has also traded one of its industrial properties—a 76,000-square-foot building in Cary, Ill. The buyer is an affiliate of Illinois Lift Equipment, which is expanding and moving its operations from West Chicago.
Principals & Co-Founders of Entre Commercial Realty, Daniel Jones and Daniel Benassi, together with Michael DeSerto, a broker with the company, facilitated the sale on behalf of Midwest Industrial. Steve Morken, president & owner of Morken & Associates, represented the buyer…