Chicago & Midwest + North Side + Industrial | June 5, 2020

Dayton Street Inks Full-Building Tenant at New Construction

Johnstone Supply signed a full-building lease for Dayton Street Partners’ newly constructed distribution center located at 4150 N. Knox in the North Side’s Old Irving Park neighborhood. The wholesale-distributor of leading brand HVAC equipment and supplies will use its 41,000-square-foot space as a showroom and distribution hub.

Dayton Street acquired 4150 N. Knox as a 1.6-acre vacant parcel in 2015. It completed construction on the distribution center in 2017.

Portland, OR-based Johnstone currently has multiple locations throughout Illinois. “We are thrilled to welcome Johnstone to our development,” said Dayton Street managing principal Howard Wedren. “Knox offers excellent access to Chicago’s dense North Side neighborhoods, expressways and public transportation.”

Cushman & Wakefield’s Matt Cowie, Larry Goldwasser, Colin Green and John Marks represented Dayton Street in the leasing transaction. Johnstone was advised by Colliers International | Chicago’s Brendan Green.

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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 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).

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