Barry Missner Of The Missner Group Acquires 58,236 Square Foot Industrial Facility In Aurora
657 Wolverine Drive
Building Size
58,236 SF
Asset Type
Industrial
Closing
Apr 29, 2026
AI
The Missner Group acquired an industrial facility spanning 58,236 square feet located at 657 Wolverine Drive in Aurora, Illinois. This property is situated on a 5.5-acre lot and is currently 57% leased, with 25,267 square feet available, making it a value-add industrial asset in a supply-constrained suburban Chicago submarket.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Disclosed
- Address: 657 Wolverine Drive
- Market: Aurora
- Asset Size: 58,236 SF
- Leased Percentage: 57%
- Available Space: 25,267 SF
- Buyer's Name: Barry Missner
- Buyer's Company: The Missner Group
- Buyer's Representative: Andrew Maletich - Cawley Chicago
- Seller's Representative: NAI Hiffman
This acquisition was facilitated through leasing and acquisition advisory services provided by Cawley Commercial Real Estate, with NAI Hiffman representing the seller in the transaction.
Players
Aurora Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93