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Chicago & Midwest  + North Side  + Office  |  August 29, 2018
Paul Bubny
By: Paul Bubny

Logan Square’s Hollander Building Trades for MXU

NKF has advised Hollander Holdings LLC in the sale of its 106-year-old building site on Milwaukee Avenue in the North Side’s Logan Square neighborhood. Deal terms were not disclosed; the 26,700-square-foot masonry building was the longtime home of Hollander Storage & Moving Company.

The buyer, GW Properties, plans to restore the Hollander building and create a mixed-use site including boutique office and ground-floor retail. Redevelopment of the site, which includes 11,00 square feet of neighboring land, also entails adding an apartment building.

“Over the past couple of years, we have seen a flurry of new development along Milwaukee Avenue due to transit-oriented development,” said NKF’s Jim Cummings, who represented Hollander with colleague Brian Carroll. “Not only was the opportunity there for the buyer to preserve and restore a historic property in a booming community, but also to redevelop the use with an addition of a brand-new building.”


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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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  • ◦Development
  • ◦Sale/Acquisition