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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 
CBRE represented Honey-Can-Do International in acquiring two industrial properties near O'Hare Airport

Housewares Provider Snaps Up Pair of O’Hare Properties 

CBRE arranged the acquisition of two industrial properties totaling 182,845 square feet near O’Hare International Airport. Entities owned by Steve Greenspon, the owner of Honey-Can-Do International LLC, acquired a 96,225-square-foot facility at 11600 King St. in Franklin Park, IL and an 86,620-square-foot building at 5303 St. Charles Rd. in Bellwood, IL. Sales prices weren’t disclosed. 

CBRE’s Peter Roberson and David Lind represented the buyer. Honey-Can-Do International LLC is a leading provider of housewares operating under brands such as Honey-Can-Do, Joyce Chen, Perch and Old Stone Oven.  

“The O’Hare Airport industrial market is seeing surging demand and record-low vacancy,” said Roberson. “Many businesses that previously relied on ocean cargo are shifting towards air cargo in response delays at the ports. Securing these properties in this location provides strategic advantages that will support Honey-Can-Do’s long-term growth.” 

Greenspon said the acquisitions grew his company’s Chicagoland footprint to nearly 700,000 square feet. 

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CBRE's Roberson

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 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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