Connect Midwest: Multifamily Adaptive & Reuse Trends – Chicago June 13

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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 

Brown Commercial’s Hezner Arranges O’Hare Portfolio Sale

Amid robust industrial demand that continues to fuel investment activity and rent growth in Chicago’s O’Hare submarket, Brown Commercial Group senior broker Mason Hezner represented a private investor in selling buildings at 825-835 Touhy Ave., 855 Touhy Ave., and 875 Touhy Ave. in Elk Grove Village, IL to Sawmill Property Company. All three buildings, totaling 40,000 square feet, have been leased on a long-term basis by Centech Plastics, Inc., a plastic injection molding company.

The buyer was represented by John Joyce and Danny Vanecko of SVN Chicago Industrial. Deal terms weren’t disclosed.

“Investors continue to search for well-located industrial buildings that can provide a strong, long-term return,” Hezner said. “These assets were ideally located in the sought-after O’Hare submarket, which continues to see strong demand from investors and tenants.”


Inside The Story

Brown Commercial Group's Hezner

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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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