DarwinPW Realty/CORFAC International Principal Matt Lewandowski and Managing Broker George Cibula recently collaborated on the sale of a 44,283-square-foot building at 2926 MacArthur Boulevard in Northbrook, Illinois.
Lewandowski represented the seller, current occupant Ramcel Precision Stamping, while Cibula represented the buyer, Portokali Investments, LLC. “Ramcel was ready to sell the building to acquire capital for new investments in machinery, but they have been in the building for more than 50 years and plan to stay long-term,” says Lewandowski. “This made the opportunity an attractive investment for the buyer.”
With the proceeds from the sale-leaseback, Ramcel will expand its manufacturing capabilities by investing in new machines and additional inventory. The building is easily accessible to major highways, including I-94 and I-294, and heavy manufacturing infrastructure. It is located in the business-friendly community of Northbrook, just 25 25-minute drive from O’Hare International Airport.
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