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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 

Avison Arranges Partial Sale-Leaseback of Mokena Industrial

Avison Young negotiated the sale of a 125,000-square-foot industrial facility in Mokena, IL, which supports Dunkin Donuts’ Midwest distribution. Deal terms weren’t disclosed.
 
Principals Erik Foster and Mike Wilson, both based in Avison Young’s Chicago office, represented the seller, DCP Real Estate Group, LLC, in a partial sale-leaseback of the facility. The team worked with Avison Young principal Chris Lydon and associate Brian Pomorski in Chicago.
 
The seller is a supply chain management company serving the franchisees of Dunkin’ Donuts. The buyer was Philadelphia-based Exeter Property Group. 
 
“This transaction illustrates how investors continue to focus on well leased industrial facilities that support strong corporate businesses,” said Foster. “Food supply facilities continue to outperform many other industrial segments, making this a solid, long-term investment for the buyer.”  

For comments, questions or concerns, please contact Paul Bubny

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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
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