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Industrial Parks See Sales, Build-To-Suit

WAUKEGAN, IL-Two separate deals in the Waukegan-Gurnee Industrial Park and Northpoint Business Center involve a $1.1-million building sale and a build-to-suit following a $1.7-million land sale.

By Mark Ruda | Updated on August 21, 2001

WAUKEGAN, IL-A purchase and build-to-suit are among recent industrial deals in this city between Chicago and Milwaukee. Telefonics bought a 43,507-sf building at 2340 Ernie Krueger Circle for $1.1 million while Goodman Packaging Equipment has taken a 64,000-sf building at at 1081 Northpoint Blvd. in the Northpoint Business Center.

Keith Puritz and Brett Kroner of Cushman & Wakefield’s Rosemont office represented California-based Avery Dennison Corp. in the sale of 2340 Ernie Krueger Circle in the Waukegan-Gurnee Industrial Park to Telefonics, which was represented by Todd Benson and Whit Heitman of Paine/Wetzel.

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