Member Press Release

PAINE WETZEL/TCN Worldwide Sells 4.551 Acres To Developer for Redevelopment Project

 

Paine Wetzel – TCN Worldwide (PW) is pleased to announce Principal Ed Wabick represented the Seller in the disposition of 4.551 Acres located at 1509 W. Cortland Street in Chicago.  The Buyer, Developer Sterling Bay was represented by Colliers. The Developer plans to redevelop the property. 

The property was a former scrap yard and sold to Sterling Bay who will redevelop this property and other properties in the area for office, commercial, retail and residential uses.  This property is located on Chicago’s northwest side and has frontage on the Chicago River.


About Paine Wetzel – TCN Worldwide

Paine Wetzel TCN Worldwide (PW) is a corporate real estate firm headquartered in Chicago.  Since 1975, PW brokers have specialized in the leasing and disposition of office and industrial properties.  The firm offers specialists in investments, transactions, consulting and project management who possess an unrivaled depth of local market knowledge, supported by the latest in technology.  For more information, please visit www.painewetzel.com