Molto Properties acquired the property in Niles, Illinois from MFRI Inc.Ìý The facility was originally built in 1954 on an 8-acre land site.Ìý The privately held entrepreneurial industrial real estate firm aimed to redevelop the existing site into a 135,650 SF class A distribution center.
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AGÌåÓý¹Ù·½ÍøÕ¾ Construction Company was hired by Molto Properties and began with the demolition of an existing 103,500-SF brick building and a 3,200-SF metal shed. The speculative state-of-the-art distribution center consists of 135,650 SF of Warehouse and Office space with 20 expandable docks, two drive-in doors, 152 parking spaces and two detention basins added to protect against flooding.Ìý
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The site work and facility were completed withinÌýa six-month period.
