PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES FOUR SALES IN TOTALING OVER 30,000SQUARE FEET
August 31, 2010

Paine/Wetzel • ONCOR International is pleased to announce that the firm has completed four sales transactions in the Chicagoland area totaling over 30,000 square feet.

In the first transaction, Spiros Stamelos has purchased a 10,600 square foot building located at 3026-3030 W. Carroll in Chicago, Illinois as an investment opportunity. The building sold as a short sale with the lender. Mark A. Nelson, Associate and Michael D. Nelson, Vice President of Paine/Wetzel • ONCOR International represented the seller in the transaction, Wicker Heights Contracting Company.

Foresite Management, LLC has purchased a 10,000 square foot building located at 285 Jamie Lane in Wauconda, Illinois. The IT and electrical contracting firm is relocating from Barrington and selected the new facility based on its oversize brick structure, backup generator capabilities, and its proximity to employees and customers. The building is situation on nearly one acre of land and features 5,500 square feet of office space, 16’ clear ceiling height, docks, and a drive-in door. G. Pat Ryan, SIOR, Senior Vice President of Paine/Wetzel • ONCOR International represented the buyer while Bruce Bossow of Premier Commercial Realty represented the seller.

Lolita Ranchero, a health care practitioner, has purchased a 5,000 square foot office condo at 1400 W. Fulton in Chicago. The custom commercial lofts feature individual loft spaces, outfitted to meet the demands of modern business owners. The building features roof top decks, custom build outs, high end finishes, state of the art technology, warehouse loading docks and doors and a coveted view of Chicago's downtown skyline. Mark A. Nelson, Associate, Michael D. Nelson, Vice President, and Kim Aigner, Associate of Paine/Wetzel • ONCOR International represented the seller, while David Fulton of Garrett Realty represented the buyer.

Bid On Equipment has purchased a 4,832 square foot building at 2860-54 Corporate Parkway in Algonquin, Illinois.  The firm is relocating from Hampshire, Illinois and selected the location based on its location within the Algonquin Commons Shopping Center and curb appeal. The building features drive-in doors, 24’ clear ceiling height, two 12’x14’ drive-in doors, and access to a loading dock. G. Pat Ryan, SIOR of Paine/Wetzel • ONCOR International represented the landlord, Plote Properties.

 Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES THREE LEASE TRANSACTIONS TOTALING 63,286 SQUARE FEET
August 31, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed three industrial lease transactions totaling 62,286 square feet.

In the largest transaction, Xcell International Corporation has leased 30,789 square feet of space within a 130,986 square foot building located at 20 W 345 101st Street in Lemont, Illinois. The firm is expanding their operations into the facility that is just minutes from a full interchange at I-55 and Lemont Road. The 21’ clear building features 4,000 square feet of office space and three docks. Xcell International’s two divisions are Dean Jacob’s Specialty Foods and Fun Pack Foods. The company is known for its unique four compartment jar featuring gourmet coffee accents, sugar sprinkles and gourmet seasonings and spices as well as bread dipping seasonings. Jerry Sullivan, Principal and Brandon Wright, Associate of Paine/Wetzel • ONCOR International represented the landlord, Manulife Financial, in the transaction and Pete Roberson of CBRE worked on behalf of the tenant.

Veolia ES Technical Solutions has signed a 25,000 square foot lease at 5137 Indianapolis Boulevard in East Chicago, Indiana. The environmental disposal and clean-up company is expanding and chose this property based on its central location as well as its close proximity to I-94. Adam J. Karras, Senior Associate of Paine/Wetzel • ONCOR International represented the tenant, while Edward C. Wabick, Principal of Paine/Wetzel • ONCOR International represented the landlord, Sims Metal Management.

High Performance Auto Body & Detail, Inc., a recreational vehicle maintenance company, has signed a 7,497 square foot lease at 450 S. Spruce Street in Manteno. The 20,405 square foot building features expressway visibility from I-57, multiple drive-in doors, and office space customized for the tenant. Brandon R. Wright, Associate of Paine/Wetzel • ONCOR International and Chris Curtis of Curtis Nugent Real Estate represented the landlord, Manteno RFT, LLC. Joe Nugent of Curtis Nugent Real Estate represented the tenant.

 Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES 33-ACRE LAND SALE IN GRAYSLAKE, IL
August 26, 2010

Paine/Wetzel • ONCOR International is pleased to announce, that Rodger Chenore, SIOR, Executive Vice President, Patricia Baldwin, Executive Vice President and Terence Lynch, Senior Associate of the firm have completed a 33-acre land sale for Delos, Inc. at Route 83 south of Route 137 within the Grayslake Business Park in Grayslake, Illinois.  This sale represents the largest industrial user land sale in Lake Country in the last ten years!

Scannell Properties LLC, a privately owned real estate development and investment company, has purchased the land from Delos, Inc. for the development of a 215,000 square foot distribution center for Fed Ex Ground. “The buyer chose this land parcel due to the excellent location with easy expressway access, low Lake County taxes, and the flexibility of The Grayslake Business Park to accommodate their site plan,” said Rodger Chenore, SIOR of Paine/Wetzel  ONCOR International. Approximately 100 acres of fully improved land remain available for sale in the Grayslake Park.   “The Grayslake property is extremely unique in it’s ability to provide an existing, totally renewable energy resource to users for both power and heat, which are the ultimate solutions for companies whose agenda includes being more conscious of the environment.”

Rodger Chenore, SIOR, Executive Vice President, Patricia Baldwin, Executive Vice President and Terence Lynch, Senior Associate of Paine/Wetzel • ONCOR International represented the seller, Delos, Inc., in the transaction.

Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.   

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES THREE LEASE TRANSACTIONS IN CHICAGO
August 26, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed three industrial lease transactions totaling 50,340 square feet in Chicago, IL.

In the largest transaction, Chicago Messenger is expanding their messaging service operations and has signed a lease 38,130 square feet within a 81,830 square foot building located at 1120 West Exchange in Chicago, Illinois. The firm is relocating from 1600 South Ashland in Chicago and chose this facility due to its high ceilings; large, open bays; and close proximity to the Dan Ryan and I-55 expressways. Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR represented the tenant in the transaction and Vern Schultz along with Mike Senner of Colliers Bennett & Kahnweiler, Inc. worked on behalf of the landlord, The Missner Group.

Fellowship Fleet has signed a new lease at 438 W. 43rd Street in Chicago for 6,210 square feet. The limousine service is relocating from its prior location at W. Polk Street, also in Chicago, and selected the newly remodeled building due to its clear span garage space with on-site parking and close proximity to downtown Chicago as well as I-90/94 expressways.  Albert Schulman, CCIM, Senior Vice President of Paine/Wetzel • ONCOR represented the tenant in the transaction and Matt Rogatz, Principal of Chicago Industrial Real Estate worked on behalf of the landlord, a private investor.

Robinhood Garcia is relocating his mattress company from 36th and California in Chicago to a 56,000 square foot building located at 3421 W. 48th Place, also in Chicago, signing a new 6,000 square foot lease. Garcia chose the location based on its loading capability, open floor plan and central location. Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR represented the landlord, 3421 Building Corporation, in the transaction while the tenant was self-represented.

Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

 

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES LAND SALE IN CHICAGO
July 27, 2010

Paine/Wetzel • ONCOR International is pleased to announce, that Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of the firm have completed a 2.4-acre land sale for SRA Scrap Metals at 3405 S. Lawndale in Chicago, Illinois.  Value of the transaction was $900,000.

SRA Scrap Metals has purchased the 2.4-acre property as well as the Gonzales Auto Parts business. The scrap metal processing company purchased the auto salvage yard as well as a 3,500 square foot office and 4,000 square foot shed building. This will be an additional location for SRA with plans to combine their operations with the auto salvage business.


 “SRA Scrap Metals purchased this location because of the heavy zoning designation needed for a scrap company and the close proximity to the I-55 Expressway,” said Mark Nelson of Paine/Wetzel • ONCOR International.
Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR International represented the buyer in the transaction and the seller, Gonzales Auto Parts, was not represented. 

Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.      #  

 

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES FOUR SALES IN CHICAGO TOTALING 105,502 SF
July 20, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed four sales transactions in metropolitan Chicago and Wisconsin totaling 105,502 square feet.

In the largest transaction, baked goods vendor Rolf’s Patisserie has purchased a 56,642 square foot facility located at 10100 88th Avenue in Pleasant Prairie, Wisconsin. This acquisition marks an expansion for the bakery which also has a location at 4343 W. Touhy Avenue in Lincolnwood. Rolf’s Patisserie selected the property based on its easy expressway access, expansion space availability, cost-effective tax rates, and the Wisconsin state incentives applicable to the transaction. Theresa Gleason, CCIM, Vice President of Paine/Wetzel • ONCOR International represented Rolf’s Patisserie while Ryan Bain, Jack Graham, Brett Krouer, Keith Puritz of CB Richard Ellis represented the seller, Wrightwood Capital.

Daily Meats has purchased a 25,600 square foot property located at 2323 W. Fulton in Chicago. The meat distributor is relocating from its prior location at 1000 W. Fulton Avenue, also in Chicago, and selected the facility based on its central location within the city and parking availability for customers. Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR International represented the selling entity, Image 23, while Greg Block of Millennium Real Estate represented the buyer.

Dunkin’ Donuts has purchased a property at 2120 W. Lake Street in Chicago.  Dunkin’ Donuts will convert the building into a bakery which will support eight of its stores within the city of Chicago. The location will also serve as a warehouse for service supplies.  The owner chose the site due to its excellent access to downtown Chicago along Lake Street. Michael D. Nelson, Vice President, Mark A. Nelson, Associate, and Kim Aigner, Associate of Paine/Wetzel • ONCOR International represented the buyer while Steve Kohn and Mike Senner represented the seller, National Graining Company.

Cleveland Marble Mosaic Company has purchased a 7,635 square foot property at 1425 Brummel Avenue in Elk Grove Village, relocating from its prior location at 965 Lively Avenue, also in Elk Grove Village. The marble mosaic company selected the location based on its strategic access to the expressway systems. The building has one truck loading dock and one drive-in door. Theresa Gleason, CCIM, Vice President of Paine/Wetzel • ONCOR International represented the seller, Self-Made Enterprises, while Anne Dempsey of Colliers Bennett Kahnweiler represented the buyer.

 Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

 

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES FOUR LEASE TRANSACTIONS TOTALLING 100,648 SQUARE FEET IN CHICAGO METRO
July 20, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed four industrial lease transactions totaling 100,648 square feet in the Chicago metropolitan area.

In the largest transaction, Weiman Products, a furniture polisher manufacturer, has signed a lease renewal and extension for 64,148 square feet at 1655 S. Waukegan in the Amhurst Lakes Business Park in Waukegan, Illinois. The firm has occupied the facility since 2008 and chose to renew its lease based on the property’s close proximity to the expressways and overall building functionality for its warehouse and distribution requirements.  Whit R. Heitman, Principal of Paine/Wetzel • ONCOR International represented the tenant and the landlord, Prudential, with Samuel C. Badger, Jr., Senior Vice President of Paine/Wetzel • ONCOR International assisting in representing the landlord.

1300 Exchange Auto Storage has signed a new lease at 1300 Exchange Avenue in Chicago for 30,000 square feet. The auto repair and storage company is relocating from its prior location at 2550 W. Lexington Avenue, also in Chicago, and selected the new location based on its central location within the Stockyard’s Industrial Park as well as the large open space ideal for repairing and storing vehicles. Mark A. Nelson, Associate of Paine/Wetzel • ONCOR International represented the tenant while Albert Schulman, CCIM, Senior Vice President, Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR represented the landlord, 1300 Exchange LLC.

A truck driving school, owned by Jorge Torres, has signed a new lease for 3,500 square feet at 2247 W. 47th Place in Chicago. The start-up company will move into the location in early July and chose the 5.85-acre site based on its strategic location and large land site and office space.  Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR represented the landlord while the tenant was self-represented.

Reyes Group LTD has signed a 3,000 square foot lease at 5326 N. Kedzie in Chicago. The construction firm is relocating from 15515 S. Crawford in Markham, Illinois and chose the location based on its proximity to a CTA project that firm is currently working on. The office space will serve as an annex office. Kim Aigner, Associate of Paine/Wetzel • ONCOR represented the landlord while the tenant was self-represented.

Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

 

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES 54,204 SQUARE FEET OF INDUSTRIAL LEASE TRANSACTIONS IN WAUKEGAN & DES PLAINES
June 01, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed 54, 204 square feet of industrial lease transactions for two tenants in Waukegan and Des Plaines.

In the first transaction, Medikmark, a leading manufacturer of health care kits, signed a 48,372 square foot lease renewal and extension in prestigious Amhurst Lake Business Park located at 3600 Burwood Drive in Waukegan. The firm selected Amhurst due to building and park amenities as well as its proximity to the expressway.

 Whit R. Heitman, Principal of Paine/Wetzel • ONCOR International represented the landlord, Prudential, while the tenant was represented in-house.

In the second transaction, Amerifreight, Inc., a freight forwarding company, has signed a new lease for 5,472 square feet at 2130 Oxford in Des Plaines.  The company selected to relocate into this location due to its proximity to the I-90 expressway and O’Hare airport, as well as its large site size and ample outside storage. The 14,343 square foot facility features office space, a loading dock, and one drive-in-door.

Elise A Couston, Principal, and Patrick Fitzgerald, Associate of Paine/Wetzel • ONCOR International represented the landlord, Chicago Properties, LLC. The tenant was represented by Jonathan Kohn of Colliers Bennett & Kahnweiler.

Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES TWO SALES IN CHICAGO TOTALING 28,354 SF
May 24, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed two sales transactions in Chicago totaling 28,354 square feet.

Kunz Glove Company has purchased a 20,600 square foot building at 1532 W. Fulton in Chicago. The leather glove manufacturer selected the building due to its strategic and high-traffic location at the Ashland Avenue and Fulton intersection. The industrial building features air conditioning throughout the facility as well as heavy power capabilities. Kunz Glove Company is relocating from 339 N. Oakley Boulevard, also in Chicago.  Michael D. Nelson, Vice President, Mark A. Nelson, Associate, and Gerald F. Sullivan, Principal of Paine/Wetzel • ONCOR International represented the seller, Active Graphics while the buyer was self-represented.

 Global Telecom Inc., an international telephone card company, has purchased a 7,754 square foot facility at 6425 S. Central Avenue in Chicago. The purchase marks an expansion for the company. Global Telecom will use the facility as a sales office and storage facility and selected the property due to its well-maintained operations. Edward C. Wabick, Principal, Michael D. Nelson, Vice President, and Mark A. Nelson, Associate of Paine/Wetzel • ONCOR International represented the seller, Bricklayers and Stone Mason Union. Ismail A. Ishmail of Worth Realty, Inc. represented Global Telecom.

 Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

PAINE/WETZEL - ONCOR INTERNATIONAL COMPLETES 44,000 SQUARE FOOT LEASE TRANSACTION FOR COMCAST IN WAUKEGAN
May 24, 2010

Paine/Wetzel • ONCOR International is pleased to announce that it has completed a 44,000 square foot lease transaction for Comcast at 1585 N. Waukegan Road in Waukegan.

Comcast renewed their lease at Amhurst Lake Business Park due to its close proximity to I-94 and its convenient location for employees and customers. The building features 28’ clear ceiling height and fenced service parking for more than 100 vans.

Whit R. Heitman, Principal, and Samuel C. Badger, Jr., Senior Vice President, of Paine/Wetzel • ONCOR International represented the landlord, Prudential.

Paine/Wetzel • ONCOR International Inc., headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

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