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Chicago & Midwest  + North Side  + Industrial  |  September 28, 2021
Paul Bubny
By: Paul Bubny

CushWake Reps Anixter Center in Sale to Partnership

Cushman & Wakefield represented Anixter Center in its sale of 2032 N. Clybourn Ave., which includes a 150,000-square-foot building and adjacent land that comprise one of the largest parcels in Lincoln Park, centrally and strategically located adjacent to the Lincoln Yards development. 

A Cushman & Wakefield team of Dirk Riekse, Eric Sorensen, Larry Goldwasser and Kathleen Nelson represented Anixter in the $15-million sale to a partnership led by Jon Morgan and Mike Whalen of Heart of America Group, which intends to redevelop the property.

The property sale will allow Anixter Center to sustainably reinvest in its future, Cushman & Wakefield said. 

“The sale of 2032 N. Clybourn, the doorway to Lincoln Yards, helps support Anixter’s mission for years to come and will lead to thoughtful multifamily redevelopment in one of Chicago’s fastest-growing areas,” said Sorensen. “It’s truly a win-win for everyone involved, and we’re proud to play a role in supporting Anixter’s critical work in our community.” 

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Inside The Story

Cushman & Wakefield's Sorensen

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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