Colliers’ Patrick Turner, Tom Rodeno and Joe Connor represented RT Group Logistics (RT Group) in the sale of its 49,793-square-foot industrial service facility located at 700 Chase Ave. in Elk Grove to an undisclosed buyer.
The trucking company signed a lease to remain at the property, which includes a truck maintenance facility, with parking for 40+ trailers, on the 4.2-acre site. It serves as a mission critical maintenance facility and parking hub for the company.
In the heart of Elk Grove, it is a short connection to the U.S. supply chain infrastructure that crisscrosses the area including I-90 and I-390 as well as O’Hare International Airport.
The new owner plans to make several improvements to the property when the tenant’s lease expires in three years.
