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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 

Brown Commercial Negotiates Sale of Carol Stream Industrial

Brown Commercial Group negotiated an off-market industrial investment transaction totaling 42,525 square feet, bringing the seller and buyer together in a $3.1 million deal. Broker Matt Hanson represented the seller and buyer, who are both private investors. The industrial/flex property is fully leased and located at 135 E. St. Charles Road in Carol Stream, Illinois.

“This transaction shows the continued strength of the DuPage County industrial market, which provides many locational and tax advantages for Chicago area investors and businesses,” said Hanson. “There is a limited amount of smaller industrial space on the market and we were able to leverage our market contacts to bring this deal to completion.”

The DuPage County industrial market is one of the top industrial markets in the Chicago region due to its low tax structure, concentration of industrial parks and location near major transportation routes.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.