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  | 

JLL Secures Sale of Chicago Industrial Portfolio to High Street Logistics Properties

JLL completed the sale of a three-building industrial portfolio totaling 537,681 square feet positioned across DuPage County’s most sought-after industrial submarkets.

The JLL Capital Markets team was led by Managing Director Kurt Sarbaugh alongside Senior Managing Director Sean Devaney, Managing Director Ed Halaburt, Senior Director Ross Bratcher and Associate Cameron Chandra.

JLL represented the seller in the sale to High Street Logistics Properties. The fully leased portfolio benefits from premium locations within the O’Hare and North DuPage County industrial submarkets. The portfolio’s strategic positioning provides exceptional connectivity to Chicago’s transportation infrastructure, including direct access to Interstate 290 and proximity to O’Hare International Airport, the nation’s leading cargo airport by freight value.

“This transaction highlights the continued strength of Chicago’s infill industrial market, particularly in tax-advantaged DuPage County locations,” said Sarbaugh. “The portfolio’s combination of established tenant relationships, superior transportation access and positioning in supply-constrained submarkets with low vacancy rates made it highly attractive to High Street.”

Read More News Stories About: JLL
Connect

Inside The Story

JLL

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

New call-to-action
New call-to-action