Chicago & Midwest CRE News In Your Inbox.

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

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Downtown  | 
Dayton Street Partners acquired 1827 W. Hubbard in Chicago, renovated it and sold it to Brookfield Properties

Dayton Street Divests Two Chicago Warehouses to Brookfield 

Dayton Street Partners (DSP), a Chicago based commercial real estate company focused on the acquisition and development of industrial and logistics properties, has sold two facilities in Chicago to Brookfield Properties for an undisclosed sum.  

The first property, located at 2501 W. Fulton St., is a 42,000-square-foot warehouse/distribution facility situated on 1.5 acres. DSP acquired the 956-vintage property in 2019 and commenced with a renovation, followed by a full-building lease to Vienna Beef.   

The other facility, located at 1827 W. Hubbard, is a 33,000-square-foot warehouse with 14’ clear ceiling height, two loading docks, one drive-in door and parking for 34 cars. Built in 1960, the vacant building sits on 1.75 acres.  

“Chicago continues to be a target market for investors seeking high barrier to entry industrial properties in submarkets experiencing record low vacancy,” said Howard Wedren, DSP’s founder and managing principal. 

Connect

Inside The Story

Dayton Street Partners

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 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
TheGuarantors-01-cube
TaylorStreet-03-Cube
New call-to-action
Chase-19-cube