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Taxman Corp. to Redevelop Industrial Site

FRANKLIN PARK, IL-An industrial site, long used for making steel products, is slated for redevelopment as a retail property. The asking price was $3.15 million.

By Dees Stribling | Updated on December 19, 2000

FRANKLIN PARK, IL-Taxman Corp., a Skokie, IL-based developer, has acquired a building from Unimast Inc. so it can be redevelop the site. The 137,000-sf industrial building on 5.4 acres in Franklin Park, IL was used by Unimast to manufacture construction steel products. Taxman intents to tear it down and develop retail space, although no specific plans has been announced.

Asking price for the property was $3.15 million. Both parties were represented by Cushman & Wakefield Industrial Services Group.

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