Following the closure of Beidelman Furniture in April, the business’s building is now under new ownership, having recently been bought by Naperville-based commercial real estate firm Ellsworth Partners in partnership with its investors.
The company closed on the 17,750-square-foot property at 235-239 S. Washington St. in mid-May for $3.75 million, according to Naperville native Matt Calvo, co-founder of Ellsworth Partners.
“We are always looking to acquire assets, and [Beidelman Furniture] is right in the heart of downtown Naperville. The presence downtown is a big reason why we pursued it,” said Calvo.
Retail and restaurant plans for the former furniture store
Ellsworth Partners will manage the three-story building and plans to lease it for retail or restaurant use…