Speedwagon Capital Partners Acquires Partnership Interest Chicago-Area Industrial Real Estate Portfolio
Darwin Realty/CORFAC International is pleased to announce that Speedwagon Capital Partners, a Chicago-based private real estate investment firm, has purchased an interest in a real estate portfolio owned by industrial real estate veterans George Cibula and Matt Lewandowski of Darwin Realty/CORFAC International. The industrial real estate portfolio was valued at $130 million and consists of 2.2 million square feet across 41 buildings located in the greater Chicagoland area and southern Wisconsin.
In addition to maximizing the value of the existing assets, the new joint venture will seek to acquire additional industrial assets. “The industrial real estate sector continues to be solid with robust leasing activity driven by various factors including supply chain reconfigurations and the continued growth of e-commerce,” said Steve Khoshabe, Senior Managing Director of Speedwagon. “Matt and George are best-in-class operators of industrial real estate and exactly the kind of partners with whom we look to collaborate.”
George Cibula is a founder of Darwin Realty/CORFAC International and Matt Lewandowski serves as its Executive Vice President. Founded in 1975, Darwin Realty is a privately held real estate brokerage, asset management, investment, and development firm based in suburban Chicago.
“We are excited to team up with an entrepreneurial-minded capital partner like Speedwagon. We look forward to working together and leveraging the partnership to further grow the portfolio,” Lewandowski added.
About Speedwagon Capital Partners
Since 2007, Speedwagon Capital Partners (and its predecessor, Speedwagon Properties) has raised and managed real estate investments across six funds. The Speedwagon team is led by process-driven entrepreneurs who leverage 90+ years of combined experience with a passion for finding unique, inefficient, and dislocated opportunities where they can drive value through bespoke, asset-based capital solutions. For more information, visit www.speedwagoncapital.com.
About Darwin Realty/CORFAC International
Darwin Realty/CORFAC International is a privately held real estate brokerage, property management, investment, and development firm based in suburban Chicago. Since 1975, Darwin’s agents and staff are specialized in Chicago’s dynamic industrial and commercial real estate market. Darwin Realty/CORFAC International integrates comprehensive services in order to provide clients with the finest real estate negotiating tools. The corporation’s professionals provide real estate services to all of the large institutional owners of industrial properties in the Midwest. Learn more at www.darwinrealty.com.
