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March 2020

Elmhurst Sees One of Its Largest Industrial-User Sales

NAI Hiffman brokered the $5.4-million sale of a 75,000-square-foot industrial building at 776 N. Oaklawn Ave. in Elmhurst, IL. The firm’s Joe Bronson, Josh Will and Aimee Goudas represented the buyer, Elk Grove Village IL-based Haskris Co., a manufacturer of refrigeration and heating equipment.

Vickie C. Soupos, of the Colovos/Soupos Group at RE/MAX Destiny in Elk Grove Village, represented the seller, Dorothy Stojka.

“This is one of the largest industrial-user sales ever to take place in Elmhurst, demonstrating that demand remains strong for warehouse properties in this optimally located submarket,” said Bronson. “Over the past 15 years, there have only been three other industrial-user sales that took place with larger square footage.”

Bronson noted that the Elmhurst industrial market benefits from lower occupancy costs and tax savings. “This sale shows that the price per square foot in both Elmhurst and DuPage County remains competitive and of high value.”

Joe Bronson - Elmhurst's largest industrial-user sales

 

As seen at connect.media

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