CHICAGO – JLL capital markets has closed the sale of a712,051-square foot cold storage portfolio here. Lineage Logisticspurchased the four-asset portfolio from the seller, Investcorp.
The portfolio comprises 2635 S. Western Ave. and 2658S. Leavitt St. in Chicago; 8424 W. 47th St. in Lyons, IL;and 1544-46 Hecht Drive in Bartlett, IL.
The portfolio is currently 100% leased to 11 different tenants.The properties feature ceiling heights, ranging from 24 to 48 feetand additionally offer ambient temperatures ranging down to-10.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
