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Chicago & Midwest  + North Side  + Industrial  | 

North Side Industrial Buildings Set for Post-Sale Modernization

Avison Young negotiated a 100,000-square-foot, three-building industrial sale on Chicago’s North Side for an undisclosed sum. The contiguous buildings are at 4006 W. Belden Ave., 2311 N. Keystone Ave. and 2321 N. Keystone Ave., on the northeast corner of W. Belden and Keystone avenues.

Principal Steven Kohn and associate Patrick Richwine represented the seller, Eazypower Corporation, which is relocating to a new corporate headquarters in Chicago’s northern suburbs. The buyer was a Chicago multi-tenant industrial investor that plans an extensive renovation to modernize the property. The buyer has retained Kohn and Richwine as marketing agents for the redevelopment.

“There is an incredible demand for industrial space in Chicago’s infill neighborhoods,” said Kohn. “This is a unique property in an excellent location that will allow the new owner to customize the space for its own uses and also turn a portion of it into income-producing space.”

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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 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).