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Chicago & Midwest  + Chicago + South Side  + Industrial  | 
4900 S. Merrimac Chicago aerial

Dayton Street Adds Fleet Parking on South Side

Dayton Street Partners (DSP) has acquired a trailer parking and storage facility located at 4900 S. Merrimac Ave. on Chicago’s South Side. The price wasn’t disclosed. 

DSP has already begun to transform the eight-acre infill site, having leveled two existing structures to make way for 237 truck trailer stalls. When complete the site will be fully lit and fenced with a motorized gate.  

The property is strategically located with direct access to I-55 and adjacent to the CN Rail Yard. Numerous transportation logistics related companies are nearby such as FedEx Freight, Hub Group, ABF Freight and Old Dominion Freight Line. 

“These well-located properties that offer above-standard fleet parking are critical for today’s industrial users,” said Howard Wedren, DSP’s founder and managing principal. DSP expects interest from a variety of logistics and/or transportation-oriented tenants, 

NAI Hiffman’s Kelly Disser, Michael Freitag and Ben Ryan represented DSP in the acquisition. 

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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).

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