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Boston’s High Street Scores Chicago-Area Industrial Portfolio
JLL Capital Markets recently closed the sale of a five-property industrial portfolio totaling 539,109 square feet along Interstate 80 in the Chicago-area suburb of Tinley Park, IL. A sixth building within the portfolio is set to close later this month. Deal terms weren’t disclosed.
JLL marketed the property on behalf of the undisclosed seller. High Street Logistics Properties purchased the assets via High Street Real Estate Fund VI, the Boston-based company’s sixth investment vehicle.
The portfolio properties are located within the I-80 Industrial corridor and in the northeasternmost point of Will County. This location provides the buildings with immediate access to Interstate 80 and access to downtown Chicago.
The JLL Industrial Capital Markets team representing the seller was led by senior directors Kurt Sarbaugh and Robin Stolberg and senior managing director John Huguenard, along with senior directors Ed Halaburt and Sean Devaney.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
