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657 Wolverine Drive

Barry Missner Of The Missner Group Acquires 58,236 Square Foot Industrial Facility In Aurora
SOLDIndustrial

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

Andrew Maletich

Cawley Chicago

Broker

8 deals

Broker
NAI Hiffman
NAI HiffmanBrokerage

Barry Missner

The Missner Group

Buyer

1 deal

Buyer

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