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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  November 26, 2018
Paul Bubny
By: Paul Bubny

NKF Arranges Sale, Full-Building Lease in Addison

NKF recently arranged the sale of 133 N. Swift Rd. in Addison, IL. The firm’s Corey Chase and David Stremler represented the seller, a private investor, in the transaction. Bridge Development Partners purchased the property for an undisclosed amount.

While the sale was underway, Chase completed a long-term, 87,640-square-foot lease renewal with Associated Material Handling Industries. He represented Associated in the transaction.

“Having Associated renew its lease while the building was under contract was ideal for both parties,” said Chase. “Not only was the asset one of the few quality buildings available in the area, but it also offers an excellent location off I-355, making it a very attractive opportunity for the buyer.”

A 4.65-acre site built in 2008, 133 N. Swift includes 62,640 square feet of warehouse space with 29’ ceiling height and 25,000 square feet of office space. The facility offers signage opportunity with immediate visibility from I-355.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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