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Darwin Realty & Development Corporation
Sale & Leasing Assignment
Venture Capitalist
Chicago, IL
99,316 SF
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Challenge
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- Ohio-based venture capitalist recently acquired the company and the real estate and was looking to dispose of the real estate.
- The property was built in the 1950's and is located in a Chicago submarket with very little activity.
- The real estate investment market is starting to slow down.
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Action Steps
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- Venture Capitalist hires Darwin Realty to sell the property and expose it to the most logical investment buyers.
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Results
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- Darwin Realty produced numerous offers from the most logical and qualified buyers.
- Darwin Realty sold the building to CenterPoint Properties.
- Darwin Realty is currently marketing the building for sale and/or lease.
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