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Chicago & Midwest  + Illinois  + Industrial  | 

High Street, Angelo Gordon Bag 4-Property Chicago Industrial Portfolio

A four-property, fully-leased industrial portfolio totaling 713,555 square feet in the Chicago MSA has traded hands. A JV between High Street Realty Company and Angelo Gordon purchased the portfolio from Hackman Capital Partners for an undisclosed amount.

The portfolio is a rare composition of four multi-tenant infill industrial assets located in the O’Hare and South Cook submarkets, two of the best industrial submarkets inside the Chicago MSA. The O’Hare submarket properties are 1010-1050 Sesame St. in Bensenville, which is a 252,000-square-foot, two-tenant building; and 11241 Melrose Ave. in neighboring Franklin Park, which is a 77,301-square-foot, two-tenant building.

The South Cook submarket properties are 11939 South Central Ave. in Alsip, which is a 320,871-square-foot, three-tenant building; and 6748-6750 South Sayre Ave. in Bedford Park, which is a 63,383-square-foot, two-tenant building.

HFF’s Robin Stolberg, Kurt Sarbaugh and Sam Berry represented the seller.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition