PW Represents M & R Printing Equipment in 106,892 SF in Glen Ellyn, IL
Paine Wetzel TCN Worldwide (PW) is pleased to announce that Jeff Blake, SIOR, Senior Vice President,successfully represented M & R Printing Equipment in the sale of 106,892 SF located at 1N372 Main Street in Glen Ellyn, Illinois to LifeStorage. Sean Henrick, SIOR, Senior Director of Cushman & Wakefield represented the Buyer, LifeStorage. Asking price for the property was $3,700,000.
LifeStorage plans to convert the manufacturing building to self-storage units. The company offers storage salutations across the U.S.
M & R Printing Equipment is the world’s largest manufacturer of screen presses and equipment for the graphic and textile industries. The 30-year old firm is consolidating two Chicago-area manufacturing locations and their corporate headquarters from Glen Ellyn and Niles.
Paine Wetzel has been a leader in industrial, office, and investment real estate throughout Chicagoland since 1975.