Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Greater Chicagoland  + Industrial  |  October 19, 2021
CEVA Complex 1333 and 1347 Mount Prospect Road Des Plaines IL
Paul Bubny
By: Paul Bubny

Colliers’ Devine and Disse Close Sale of CEVA Complex in Des Plaines

Colliers Chicago’s Jeff Devine and Steve Disse represented James Campbell Company in the sale of CEVA O’Hare Distribution Complex, a two-building industrial facility located at 1333 and 1347 Mount Prospect Rd. in Des Plaines, IL.  The buyer was California based LBA Realty. Terms of the sale weren’t disclosed. 

Formerly occupied by DB Schenker, CEVA O’Hare Distribution Complex is a two-building warehouse/terminal complex on the north side of O’Hare International Airport.  The buildings total 228,603 square feet and will serve as CEVA’s primary O’Hare distribution/sorting hub for the foreseeable future.   

“The CEVA Complex is a high-quality asset in an extremely tight O’Hare market,” said Devine, an executive managing director and principal at Colliers Chicago. “This was a rare opportunity to purchase a multi-modal logistics facility located near the world’s most connected airport.” 

Connect

Inside The Story

Colliers’ DevineColliers’ Disse

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).
Order Reprints
  • ◦Sale/Acquisition