Search
 

Chicago Investor Buys Industrial Space

CHICAGO, IL- The market for industrial space in Chicago North remains a healthy one and more buyer demand is on the way.

By Brian J. Rogal | Updated on February 25, 2013

CHICAGO, IL- NelsonHill announced yesterday that they had completed the sale of a 24,300 SF industrial warehouse located in Chicago’s Kinzie Industrial Corridor. A local investor called 1735 W. Carroll LLC purchased the building.

U.S. Adhesives rents the entire space and has a lease that runs through 2017. The city of Chicago has put in several plans over the years to upgrade the area. The building is located within an Enterprise and Empowerment Zone and part of the neighborhood is covered by a Tax Increment Financing District.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

Recommended Stories

GlobeSt

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 © 2024 ALM Global, LLC. All Rights Reserved.