Wade Lau Of Founders Properties Acquires Wilton Industrial Facility In Woodridge For $21.7M

The Wilton Industrial facility, located on West 78th Street in Woodridge, Illinois, was sold for $21.7 million. This industrial asset encompasses 100,871 square feet and features 32-foot clear heights along with 14 dock doors. Built in 2022, the property is fully leased to two food-industry tenants.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $21,700,000
• Square Footage: 100,871
• Price per Square Foot: $215
• Buyer: Wade Lau - Founders Properties
• Broker: Cushman & Wakefield
• Address: West 78th Street
• Market: Woodridge, IL

Cushman & Wakefield represented the seller in this transaction, facilitating the sale to Wade Lau, who leads Founders Properties. The acquisition highlights continued investment in industrial assets catering to specific tenant needs within the food industry.