Justin Klumak And Evan Schwartz Acquire Industrial Warehouse In Alsip From Donovan Marine

This industrial asset, located at 5000-5012 West 123rd Street in Alsip, features an area of 92,000 square feet and has a clear ceiling height of 24 feet. The property will have approximately 13,000 to 45,000 square feet available for lease following the acquisition.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: Justin Klumak & Evan Schwartz
• Seller: Donovan Marine
• Broker: Laura Perlman - DarwinPW Realty

The transaction involves Lyonhill as the buyer, which indicates potential for significant renovations aimed at accommodating new tenants in the warehouse space. The deal emphasizes the strategic acquisition in the Alsip market.