Avison Young Markets 500K-SF South Cook Industrial Portfolio

Avison Young is marketing a two-building, 508,088-square-foot industrial portfolio in the South Cook submarket for sale. The properties at 5555 West 115th Street and 11535 South Central Avenue are 100% occupied by credit tenants Crown Holdings Inc. and Berry Global, Inc., respectively.

The portfolio listing is managed by Erik Foster and Michael Wilson, both principals within Avison Young’s Industrial National Capital Markets Group, with support from industrial brokers Adam Haefner, Zeke Rowan, and Martin Mikitas, all based in the firm’s Chicago offices.

“The South Cook submarket is comprised primarily of older inventory and smaller building footprints, which set these newer properties apart from their competition,” said Foster. “The location of these properties along with a strong credit tenancy, quality construction, and stable revenue is optimal for future owners seeking cashflow security and favorable returns.”

Adjacent to the industrial property sits an 11.89-acre parcel, which can be developed. The portfolio is located within an established business park near Interstate 294 and Cicero Avenue.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!