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chi-Mirvaccoverimagecopy (3) The property just sold by Mirvac is near the western entrance to O’Hare Airport.

CHICAGO—The Chicago metro area’s industrial sector continues to attract big investments from the West Coast. LBA Realty, an Irvine, CA-based investment firm, just bought a three-building, 538,236-square-foot portfolio located on 24 acres in Elk Grove Village near the western entrance of the city’s O’Hare International Airport, one of the region’s most desirable submarkets. According to Cook County property records, the price was $40.1 million.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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