Distribution warehouse purchased outside Chicago

Grubb & Ellis Co. recently represented CenterPoint Properties Trust in the purchase of a 138,085-square-foot distribution facility in Franklin Park, Ill.

The value of the transaction was not disclosed.

The property is located at 10701 W. Belmont. Built in 1970, the single-story, class C facility features 24-foot clear ceiling heights, 10,000 square feet of office space, 22 loading docks, one drive-in door, and parking for 100 vehicles.

GCC Drum, a nationwide manufacturer of plastic and fiber drums, sold the property.

Los Angeles-based Grubb & Ellis Co. is a full-service commercial real estate organization operating worldwide.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.