Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ROMEOVILLE, IL-Stamar Packaging has paid $4.5 million for a 120,140-sf building in the Marquette Industrial Park, relocating from Chicago. Oak Brook-based CenterPoint Properties Trust, which paid $2.9 million for the building in 1997 but renovated the warehouse and loading areas, sold the building at 1415 Enterprise Dr.

CenterPoint Properties Trust acquired the property from McKesson Drug, which built the facility in 1980.

Gerard J. Keating and Daniel P. Leahy of NAI Hiffman’s industrial brokerage group represented CenterPoint Properties Trust while Stephen J. Connolly of NAI Hiffman represented Stamar Packaging, which sells corrugated packaging materials.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.