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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 
JBS Commercial Real Estate represented Rothbart Realty Construction in the off-market sale of 37 Chicago-area industrial properties for more than $150 million

37-Property Chicago Industrial Portfolio Trades for North of $150M

JBS Commercial Real Estate arranged the off-market sale of 37 Chicago-area industrial and flex properties representing more than 1.4 million square feet for north of $150 million. The seller was Rothbart Construction Realty; 33 of the properties went to Clear Height Properties and the remainder to individual parties. 

Rothbart tapped JBS for brokerage support in 2010 while working to recover occupancy from the 2008 Great Recession. Within a few years, JBS raised and maintained occupancy from below 70% to more than 98%. 

In lieu of publicly marketing the portfolio, Rothbart engaged JBS to reach out to a selected group of interested parties. JBS had also worked as a broker with Clear Height. 

“The Rothbarts have done an excellent job of managing these properties, setting the industry standard for quality,” said JBS partner Brian Silverman. “We knew that this was a rare opportunity to sell such an exceptional portfolio.” 


Inside The Story

JBS Commercial Real Estate

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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).