Darwin Realty Closes a Sale on Bellwood, IL Warehouse for Self Storage Conversion

Posted: 9/1/2017 Link:
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U-Haul International Inc. purchased a 160,000-square-foot warehouse in Bellwood, Ill., which it plans to convert to self storage. The building at 950 S. 25th Ave. features 11,500 square feet of office space, 5,000 square feet of cooler space, and 16 loading docks, 14 of which are exterior. U-Haul, which chose the 8.3-acre site due to its proximity to Interstate 290 and the large parking lot, will take occupancy of the building in October. The seller, 950 S. 25th Ave. LLC, was represented in the transaction by George Cibula, broker, and Jeffrey Provenza, vice president, of Darwin Realty, a Chicago-based real estate brokerage, asset management, investment and development firm.

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