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Single-Tenant Amazon Property Trades Near DePaul

Hanley Investment Group Real Estate Advisors arranged the sale of a single-tenant Amazon Hub Locker+ location strategically situated directly across the street from DePaul University, the nation’s largest Catholic higher education institution. Terms weren’t disclosed.

EVPs Kevin Fryman, Bill Asher and Jeff Lefko represented the seller, Westwood Financial of Los Angeles. The buyer was a private investor from Mexico City, and was represented by John Oks of Banco Santander International in Miami.

The 2,800-square-foot Amazon-occupied property is located on the ground floor of a four-story, six-unit residential condominium built in 2010 at 1001 W. Webster Ave. It opened in the fall of 2017, part of a national pilot program of the new format.

“This is a critical Amazon Hub Locker+ location with a 4.7 Google rating (131 Google reviews), with customer feedback focused on the convenience of the location, great customer service, well maintained, and easy returns,” said Fryman.

For comments, questions or concerns, please contact Paul Bubny

Read More News Stories About: Amazon, Google
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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 16-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 7-10 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
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