March 22, 2016
Molto Properties Announces The Sale Of 3411 Woodhead
Molto Properties has sold 3411 Woodhead, a 117,000 square foot industrial property on 4.11 acres in Northbrook, to Chicago based Matrix Financial Partnership LLC. Brett Kroner and Keith Puritz of Avison Young represented Molto and Dan Prendergast of Darwin Realty represented the Buyer.
Molto purchased this vacant warehouse in 2012 and completed significant building renovations shortly thereafter. The property is located in the Sky Harbor Business Park and features a 20 ft ceiling height, 6 docks, 2 drive-in-doors, and 168 car spaces.
Matrix Financial Partnership LLC is the real estate arm of three related manufacturing companies. The Village of Northbrook recently indicated their support for granting Matrix’s 6B request. The manufacturing operations, with over 85 full-time employees, expect to move into the new facility in the 4th quarter 2016 once office build-out and other make-ready projects are completed.