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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  April 9, 2018
Paul Bubny
By: Paul Bubny

Barings Real Estate Closes on DuPage Spec Industrial

Barings Real Estate has completed a contract purchase of a spec industrial property at 1365-1395 Brewster Creek Blvd. in Brewster Creek Business Park, Bartlett, IL. It’s Barings’ second acquisition within the park, following the lease-up of its first property there. Terms were not disclosed

“With its excellent location in the highly-demanded north DuPage submarket of Chicago and state-of-the-art construction, we anticipate this property will benefit from the strong leasing environment in the near term,” said Michael Zammitti, head of U.S. real estate equity for Barings.

NKF’s Adam Marshall, Elise Couston and Mark Deady arranged the sale, with Marshall representing the seller and developer, Ridge Development, a division of Transwestern. NKF was hired to lease and manage the now-vacant property shortly after the groundbreaking last August. Construction on the project was recently completed.


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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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