Conor Commercial Real Estate is pleased to announce the sale of North Avenue Commerce Center. Located in Winfield, Illinois, the recently developed industrial building offers 265,550 square feet of Class A space.

At the time of sale, the development was 82 percent leased by two tenants. One of the world’s largest e-commerce retailers leased 144,645 square feet to use as last-mile warehouse and distribution space, and a furniture manufacturer leased 71,870 square feet to use for warehousing and distribution of workplace, education and healthcare furniture.

“With two high-credit, long-term tenants and space for an additional tenant, North Avenue Commerce Center will be a valuable addition to the buyer’s portfolio,” stated Brian Quigley, Executive Vice President at Conor. “With unmatched logistical advantages, easy access to Chicago’s highways and strong surrounding demographics, North Avenue Commerce Center is a destination for e-commerce and industrial users in the Central DuPage County submarket.”

North Avenue Commerce Center is strategically located on a 17.05-acre site on the southwest corner of North Avenue and Morton Road, and boasts logistical advantages for tenants. Situated along State Route 64, the center is just six miles from I-355 and the I-390 expansion project, 10 miles from I-290 and I-88 and 20 miles from O’Hare International Airport. This location enables tenants to conduct business operations with increased ease and efficiency.

The facility itself is also ideal for any tenant as it features a 32′ clear height, 50′ x 52′ column spacing, an ESFR sprinkler system, 56 truck docks and four drive-in doors. Its efficient rear-load configuration makes it perfect for e-commerce, light manufacturing and warehouse users.

The site also supports optimal truck maneuverability with 12 trailer parking stalls, along with on-site parking for 228 vehicles.

The design-build team of McShane Construction Company and Ware Malcomb provided construction and design services for the development. Cushman & Wakefield’s National Industrial Advisory Group represented Conor in the sale.

Latest News

Southeast Gateway Fully Leased in Savannah

Southeast Gateway Fully Leased in Savannah

Conor Commercial Real Estate executed two full-building leases at Southeast Gateway in Savannah, Georgia. The two-building, 1.2 million-square-foot development is now fully leased. Swiss Madison, a manufacturer of bath products, leased the 184,080-square-foot Building...

Chicago’s Biggest Women-Owned Businesses

Chicago’s Biggest Women-Owned Businesses

The McShane Companies was named the second largest woman-owned business in Chicago by Crain’s Chicago Business. The firm is the only real estate developer to appear in the list's top 25 companies. Molly McShane serves as The McShane Companies majority owner, as well...

Importance of Relationships in Today’s Economy

Importance of Relationships in Today’s Economy

Written by Vicki Mutchler, Vice President of Capital Transactions A phrase we know well as real estate professionals is, “real estate is a cyclical industry.” The funny thing is that real estate professionals (most of whom are natural optimists) hope that this phrase...

Common Ground – Summer 2022

Common Ground – Summer 2022

Common Ground - Summer 2022 The latest commercial real estate news is here. Find updates on commercial real estate trends, Conor's projects and employees. View Interactive Version Download PDF

Lotus Project – Phase II in Chandler, AZ Sold

Lotus Project – Phase II in Chandler, AZ Sold

Conor Commercial Real Estate has sold two buildings at Lotus Project – Phase II to a Chicago-based institutional investor. The newly built industrial park in Chandler, Arizona, includes three state-of-the-art advanced manufacturing and light industrial buildings...

2022 Next Generation Award

2022 Next Generation Award

Development Manager Mike Fausone received Connect CRE's 2022 Next Generation Award. The Next Generation Award honors rising stars for their accomplishments in the commercial real estate industry. As Development Manager, Mike oversees the firm’s development projects in...