Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Colliers Duo Arranges Sales Totaling 500K+ SF
Colliers International | Chicago’s Jeff Devine and Steve Disse arranged the sale of two suburban properties totaling more than 510,000 square feet. A distribution facility traded in West Chicago, IL and an office asset was sold in Woodridge, IL.
Devine and Disse represented a large institutional owner in selling 1717 W. Harvester Rd., a 465,940-square-foot industrial facility in West Chicago. Boston-based Plymouth Industrial REIT purchased the building for an undisclosed price.
“Pricing of Class A properties in the Chicago area has pushed both investors and tenants to consider the value proposition of pursuing functional, second-generation assets such as the Harvester building,” said Devine.
Devine and Disse also represented Peerless of America in selling 7325 Janes Ave. in Woodridge to Rosemont, IL-based Missner Group. The 44,096-square-foot, single-story office asset has served as the longtime headquarters for civil engineering/contracting firm V3 Companies. It was renovated for V3 in 2018.
Pictured: 1717 W. Harvester Rd.
Connect Industrial Midwest is coming to Rosemont, IL on March 4. For more information, or to register, click here.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
