Cawley Chicago has arranged the sale of a 34,984 square foot warehouse for an undisclosed price. Formerly known as Naperville Gymnastics, the facility located at 800 Enterprise Ct in Naperville, Illinois sits on a 7.53 acre site and offers over 4 acres of fenced yard. Jack Brennan and Daniel Cawley, SIOR represented the private seller in this transaction.
“This rare but functional building on a large land site was a unique transaction that had no shortage of purchase candidates,” Jack Brennan said. “Given the extended due diligence timeline caused by the additional land being raw/unimproved, the seller ultimately decided to go with the user they felt was best suited to get it closed on time. The building had deferred maintenance and the buyer spent countless hours with engineers and the city of Naperville to get through the approval process for its use. There are many people to thank for their efforts on this, we are thrilled to satisfy our client and get this one across the finish line! The buyer plans to fully renovate the existing facility and improve the additional land to use for its construction equipment rental business.”