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Jefferson Business Center Naperville IL

Colliers’ Devine and Disse Arrange Sale of Naperville Warehouse

Colliers Chicago’s Jeff Devine and Steve Disse represented TA Realty in the sale of Jefferson Business Center, a 169,250-square-foot warehouse/distribution center located at 1748 Jefferson Av. in Naperville, IL, to Black Creek Group for an undisclosed sum. Devine and Disse were the sole brokers on the transaction. 

“This is a great building built by a best-in-class developer,” said Devine, an executive managing director at Colliers Chicago. “It is in the heart of Chicago’s western suburbs and designed to serve the most active tenant size in one of Chicago’s deepest industrial submarkets.”  

Completed in 2019, the Class A facility includes features required by mid-size distribution/logistics users in today’s market, including 32-foot clear ceiling height, 21 loading docks, 203 car parking stalls and 23 trailer stalls.   The building was fully leased to four tenants at closing.  

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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).

  • ◦Sale/Acquisition