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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 
16425 S. Kilborn Ave. Oak Forest IL industrial

Condiment Manufacturer Trades One Facility for Larger One

E. Formella & Sons, a global condiment manufacturing company, sold its 32,880-square-foot facility at 411 E. Plainfield Rd. in Countryside, IL and then purchased a new 45,594-square-foot facility at 16425 S. Kilbourn Ave. in Oak Forest, IL.  

Transwestern EVP Terri Alexander represented E. Formella in the sale of its former facility and, with Transwestern VP Alex Genova, also represented the company in purchasing its new facility. 

“We negotiated a competitive price for a facility that offers incentives from the city and will enable our client to double their production, all within a convenient location,” said Alexander.  

Countryside KC LLC acquired E. Formella’s’ former facility in Countryside. American Blue Ribbon Holdings, LLC, the previous owner of the Oak Forest property, was represented by Hilco Real Estate’s Chet Evans and Kiefer Price. 

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Transwestern's Alexander

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).

  • ◦Sale/Acquisition