PRESS RELEASE: Paine/Wetzel TCN Worldwide Team Completes Industrial Sale In Chicago

CHICAGO - Paine/Wetzel TCN Worldwide is pleased to announce that the team of Ed Wabick, Principal; Jeffrey Girling, Vice President and Terence Lynch, Senior Associate of the firm have completed the sale of a 34,269 square foot industrial building located at 1501 S. Blue Island in Chicago, Illinois on behalf of their client, Testa Produce.   

Marquez Brothers International, Inc. has purchased the property for their first Midwest location. The company, established in 1981 and based San Jose, California, is a family-owned producer and distributer of authentic Mexican style dairy products, meat items as well as canned and dry goods under the name El Mexicano. Marquez Brothers’ distribution network reaches the United States, Mexico, Canada and Europe. The company is a major importer of national leading branded grocery items from Mexico and Central America.

This rare freezer/cooler facility features 22’ clear ceiling heights and ten exterior docks. It benefits from a convenient location near major expressways and close proximity to downtown Chicago.

Wabick, Girling and Lynch of Paine/Wetzel TCN Worldwide worked on behalf of the seller, Testa Produce, in the transaction and the buyer was not represented.    

Paine/Wetzel TCN Worldwide headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties.

TAGS: Investment