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Krumwiede Home Pros Acquires Industrial Building In Wood Dale, IL For Expansion

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SOLD

Illinois

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Industrial20,000 SF
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Krumwiede Home Pros Acquires Industrial Building In Wood Dale, IL For Expansion

361 Balm Ct, Wood Dale, IL, 60191

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Industrial20,000 SF
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Sale

An industrial property located at 361 Balm Ct, Wood Dale, IL, 60191 was recently sold in a transaction. The property spans 20,000 square feet and was acquired by Krumwiede Home Pros. The seller, Innovative Rack & Gear Co., entrusted the sale to Trinity Scurto from Brown Commercial Group.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Market: Wood Dale
  • Square Footage: 20,000
  • Seller's Representative: Trinity Scurto (Brown Commercial Group)
  • Buyer: Krumwiede Home Pros

Pat Crowley, a broker from Brown Commercial Group, represented Krumwiede Home Pros in the acquisition process. The acquisition signifies Krumwiede Home Pros' expansion as they transition from a 5,000-square-foot space in Bensenville to the new headquarters in Wood Dale. The move is part of the company's growth strategy in the western suburbs. Furthermore, the transaction highlights the trend of businesses seeking larger and more efficient spaces in the post-COVID-19 economy.

Players

Trinity Scurto
10 deals$710K volume
BROKER

Details

SOLD
IMAGE: 361 Balm Ct, Wood Dale, IL, 60191 MARKET: Wood Dale ASSET TYPE: Industrial SELLER'S REP: Trinity Scurto(Brown Commercial Group) BUYER: Krumwiede Home Pros SELLER: Innovative Rack & Gear Co. SF: 20000

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