Cawley Commercial Real Estate (Cawley CRE) is pleased to announce the successful acquisition and leasing assignment of a 58,236-square-foot multi-tenant industrial facility located at 657 Wolverine Drive in Aurora, IL.
The property was acquired by The Missner Group, Chicagoland’s premier general contractor and developer. A third-generation, fully integrated firm, The Missner Group provides construction services across a wide range of product types, as well as real estate development, investment, and property and asset management.
Andrew Maletich, SIOR of Cawley CRE, served as the sole buyer representative in the transaction and, together with Matt Garland, has been retained as the exclusive leasing broker for the property. NAI Hiffman represented the seller.
Situated on 5.5 acres, the industrial facility features heavy power and is well-suited for a variety of manufacturing and industrial users. The property is currently 57% leased, with 25,267 square feet available immediately for lease, presenting a value-add opportunity in a supply-constrained submarket.
“This acquisition aligns with The Missner Group’s strategy of investing in well-located industrial assets with strong in-place income and lease-up potential,” said Maletich.
“We’re excited to continue our involvement by leading the leasing efforts and unlocking additional value at the property.”
Cawley CRE continues to demonstrate its expertise in industrial acquisitions and leasing, helping clients identify, secure, and optimize high-performing assets throughout the Chicagoland area.
SEEN IN: The Business Journals ReBusiness Online, and REJournals