Brad Borkowski Of Midwest Warehouse Acquires Woodridge Commerce Center For $26.1 Million

The recently sold property is an industrial asset located at 10204, 10210 & 10216 Werch Drive in Woodridge. The sale price was $26,100,000, equating to approximately $176 per square foot. The property encompasses a total area of 148,012 square feet and is currently 96% leased to 22 tenants.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $26,100,000
• Address: 10204, 10210 & 10216 Werch Drive
• Market: Woodridge
• Square Footage: 148,012
• Price Per Square Foot: $176
• Buyer: Brad Borkowski - Midwest Warehouse
• Seller: Raymond Levy & Ian Konowitch - Unilev Capital; Palladius Capital Management
• Brokers: Jeff Devine, Steven Disse & Tyler Ziebel - Colliers

This transaction highlights the engagement of key individuals including Brad Borkowski, representing the buyer's side, and Raymond Levy and Ian Konowitch, representing the sellers. The property was previously acquired by Unilev Capital and Palladius Capital Management for $21.1 million in 2021, indicating a significant appreciation in value over the two years leading to this deal.