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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  October 21, 2021
Temperature Controlled Building at 1125 Sycamore Road, Manteno, IL Provender Partners
Paul Bubny
By: Paul Bubny

Provender Partners Adds Fourth Food-Related Industrial in Chicagoland

Provender Partners further expanded its Chicagoland food related-industrial building (FRIB) portfolio with the acquisition of a 570,028-square-foot warehouse and distribution facility at 1125 Sycamore Rd. in the Village of Manteno, IL, 55 miles south of downtown Chicago.  Built in 1999, the building is 100% temperature controlled accommodating a wide array of uses.   
 
The acquisition also includes 50 acres of excess land, which is fully entitled for the development of an additional 620,000 square feet of industrial space. Provender is considering several options for the land including future expansion of the existing building, speculative or a build-to-suit industrial development.   
 
The Provender Midwest Distribution Center is the fourth and largest FRIB asset acquired by Provender Partners in the Chicagoland metro in the past 18 months. Will Mura, VP for CBRE’s Industrial & Logistics Services Team, marketed the property for sale on behalf of the undisclosed seller. 

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Inside The Story

Provender PartnersCBRE's Mura

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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