TradeLane Properties Snaps Up Glendale Heights Industrial Portfolio
TradeLane Properties, a privately held industrial real estate company, has purchased a three-building industrial portfolio totaling 190,476 square feet, in Glendale Heights, IL. Acquired within the TradeLane Properties U.S. Industrial Fund II, the fully stabilized investment was 100% occupied at closing.
Renamed TLP Windy Point, the property consists of three adjacent 63,492-square-foot light industrial buildings each with 24’ clear height, ample car parking and sufficient loading for each suite size. Located in the Central DuPage submarket, the park offers direct access to I-355 and major expressways.
TradeLane said the acquisition was consistent with its strategy of investing in select major Central U.S. logistics markets with the opportunity to add value through dedicated in-house capabilities including accounting, construction, and property management teams.
Cushman & Wakefield’s Mike Tenteris assisted in the acquisition.
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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