Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications

51,500 SF industrial property sells in O’Hare submarket

August 30, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Lee & Associates has closed a sale transaction for a 51,500-square-foot industrial building located at 700 Chase Avenue in Elk Grove Village, Illinois. Chris Nelson, principal of Lee & Associates’ Illinois office, represented the buyer, RT Group Logistics. The seller was Midwest Industrial Funds.

“RT Logistics will repurpose a 1970s manufacturing building into a functional distribution center in the heart of the O’Hare Submarket,” Nelson said. “Following renovations, the facility will include high-image office, functional warehouse space, secured truck/trailer lot and a high-bay truck maintenance facility. This is an extremely unique opportunity given the historically low vacancy rate of the O’Hare market.”

Tags
Elk Grove VillageIllinoisLee & AssociatesMidwest Industrial Fundsrt group logistics
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisMultifamily

Interra Realty brokers $2.23 million sale of two-building multifamily portfolio in Chicago’s Pilsen neighborhood

August 12, 2022
TexasOffice

Merriman Anderson Architects reveals design of McLaren Automotive’s new North America headquarters in Coppell

August 12, 2022
MidwestIndustrial

Stan Johnson Company sells 217,323-square-foot FedEx Ground facility in the Midwest

August 12, 2022
WisconsinIndustrial

SR Realty Trust acquires three-building industrial portfolio in Wisconsin

August 12, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com