Dan Falotico Jr Of Haskris Co Acquires Industrial Building In Elmhurst For $5.5M

A 2.94-acre industrial asset was sold located at 737 North Oaklawn Avenue in Elmhurst. The property encompasses a total of 37,136 square feet and was sold for $5,500,000, resulting in a price per square foot of $148.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $5,500,000
• Address: 737 North Oaklawn Avenue
• Market: Elmhurst
• Acres: 2.94
• Square Feet: 37,136
• Price Per Square Foot: $148
• Buyer: Dan Falotico Jr - Haskris Co.
• Buyer's Representative: Joe Bronson - NAI Hiffman
• Seller's Representatives: George Cibula & Luke Ferzacca - DarwinPW Realty/CORFAC International

The acquisition by Haskris Co. was facilitated through an off-market sale, broadening their operational capacity within the industrial sector. The transaction was managed by the brokerage teams from NAI Hiffman and DarwinPW Realty/CORFAC International, representing the buyer and the seller, respectively.