Search
 

Midas Sells 272,826-SF Warehouse to Monda

CHICAGO-Monda Window & Door pays less than $20 per sf for the warehouse on seven acres at 4101 W. 42nd Pl. a block from the a smaller building it sold earlier this year to architectural lighting manufacturer Focal Point.

By Mark Ruda | Updated on May 13, 2005

CHICAGO-Midas International Corp. continues to turn its Southwest Side properties into cash. It has sold a 272,826-sf warehouse on seven acres at 4101 W. 42nd Pl. to Monda Window & Door for $5.3 million.

“Manufacturers continue to invest in quality, well located buildings with good surrounding labor supply,” says NAI Hiffman executive vice president Lawrence R. Much, SIOR, who represented Midas International Corp. with vice president Stephen J. Connolly of his company’s Oakbrook Terrace office as well as Kevin Fitzgerald of NAI Southwest Florida. Earlier this year, Much and Connolly handled the sale of Midas International Corp.’s 48,456-sf building at at 4235 W. 42nd to architectural lighting manufacturer Focal Point.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.