January 2010

Shipping firm buys Northlake site

northlakesitejpegA Melrose Park shipping company paid about $3.1 million for a site in west suburban Northlake where it plans to build a 100,000-square-foot facility that would include its offices. Go To Logistics closed Jan. 15 on the 13-acre site at 165 W. Lake St., where it intends to tear down the existing 231,000-square-foot building. The company, which currently leases about 35,000 square feet at 2001 Cornell Ave. in Melrose Park, plans to start work this spring with a goal of moving to the new building in the fourth quarter, says Brian Carroll, a senior vice-president with Grubb & Ellis Co. who represented Go To Logistics. Larry Goldwasser, Larry Much and Jay Maher of NAI Hiffman represented the sellers, private individuals including two owners of Olmarc Packaging Co., a food packaging firm now out of business that was headquartered at the site.
Source:  Chicago Real Estate Daily

Recent Blog Posts

Brokerage
News
NAI Executives Report from the Front Lines of the Coronavirus
April 2020

NAI Executives Report from the Front Lines of the Coronavirus

Brokerage
News
Property Management
Checking In: On-site with NAI Hiffman Chief Engineer Luke Hannon
March 2020

Checking In: On-site with NAI Hiffman Chief Engineer Luke Hannon

Brokerage
News
NAI Hiffman
March 2020

Midwest Industrial Funds brokers industrial HQ lease in West Chicago