M&A
confidence high
sentiment neutral
materiality 0.70
Chicago Rivet & Machine completes sale of Naperville facility for $5.35M cash
CHICAGO RIVET & MACHINE CO
- Sold headquarters/warehouse at 901 Frontenac Rd., Naperville to Frontenac Properties LLC for $5,350,000 cash less closing costs.
- Closing occurred Sept 27, 2022; leaseback warehouse through Dec 2022 and office through June 2023.
- Monthly rent $12,500 from closing to Dec 31, then $8,500 Jan-June 2023.