Murray Dalfen & Sean Dalfen Acquire Industrial Portfolio In Wood Dale For Multi-Tenant Use
Illinois
See Similar DealsMurray Dalfen & Sean Dalfen Acquire Industrial Portfolio In Wood Dale For Multi-Tenant Use
801 North Central Avenue
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Dalfen Industrial has acquired a multi-tenant industrial portfolio consisting of two buildings located at 801-823 & 808 Central Avenue in Wood Dale, IL. The total square footage of the portfolio is 56,000, and it is situated in the Chicago O’Hare submarket. The property is currently 66% leased and features small-bay units ranging from 3,000 to 7,000 square feet. Additionally, the industrial portfolio includes five dock-high and six drive-in doors, providing strategic access to major highways such as I-90, I-290, and I-294, as well as O’Hare International Airport.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 801-823 & 808 Central Avenue
- Market: Wood Dale
- Asset Size: 56,000 sq. ft.
- Buyer: Murray Dalfen & Sean Dalfen
- Buyer’s Company: Dalfen Industrial
- Leased Percentage: 66%
- Lease Unit Size: 3,000–7,000 sq. ft.
- Dock-High Doors: 5
- Drive-In Doors: 6
Murray Dalfen and Sean Dalfen were involved in the transaction representing Dalfen Industrial as the buyers of the property. The strategic acquisition aims to enhance the company's footprint in the highly sought-after O’Hare submarket of Chicago. This addition is expected to align with the company's growth and operational strategies in the industrial real estate market.
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