Just Sold: 183,029 Square-Foot Industrial Building
We do a significant amount of work in the Back of the Yards neighborhood, as well as in other underserved markets, but this was an extremely unique opportunity.
CHICAGO (PRWEB) February 20, 2020
Matanky Realty Group today announces that Senior Vice President and Director of Brokerage, Terri Cox has closed on the sale of an 183,029 square-foot industrial building.
The property, located at 1443 West 41st Street in Chicago, Ill., sold for an undisclosed price to an undisclosed buyer. The property is situated on 5.32 acres.
Though the seller, MKM Enterprises, utilized the building as a cold and dry storage warehouse, the property had a much more historic past. From the 1800’s through the 1900’s, the building was owned and operated by meatpacking titan, Swift & Co.
“It’s not often that I get to represent such a historic building,” said Cox. “We do a significant amount of work in the Back of the Yards neighborhood, as well as in other underserved markets, but this was an extremely unique opportunity.”
Cox also noted that the building’s age and client’s desired timeline added additional challenges. However, Cox did not seem to notice the pressure, as she successfully determined the building’s best reuse while listing and closing the sale in an eight-month period.
Terri Cox, Senior Vice President and leader for the brokerage arm, is a licensed real estate broker with over 30 years of sales and marketing experience. She has worked exclusively as a commercial real estate broker for over 25 years, representing the interests of developers, landlords and tenants. Cox’s efforts have allowed her team to be twice recognized as the Chicago Developer of the Year. Individually, she has been awarded CoStar’s Power Broker of the Year in 2013, 2014, 2015, 2017 and 2018.
About Matanky Realty Group
Matanky Realty Group (MRG) is a full service commercial real estate firm specializing in brokerage, management and construction. Since 1955, MRG has offered clients national perspective while providing the individualized attention that only comes with a boutique firm. Join us in shaping our communities at matanky.com and @MatankyRealty.