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MidwestCRE

CenterPoint sells South Holland, IL industrial property to Greenix, LLC

Staff Writer April 4, 2017
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CenterPoint Properties announced the disposition of 16951 State Street, South Holland, Illinois to Greenix, LLC. The property, located 21 miles south of Chicago, is situated on 9 acres with a 20,300 SF industrial truck/bus dispatch facility on site. Kip Hennelly of Patrick Commercial Real Estate represented Greenix in the sale.

The industrial truck/bus dispatch facility features close proximity to the Canadian National Harvey-Markham Intermodal yard, a 2,300 SF office, 17 drive-in doors and parking for 212 cars and 215 trailers.

“The disposition of the 16951 State Street property is aligned with the advancement of CenterPoint’s strategy to dispose of assets that lack a multi-modal advantage,” said Nate Rexroth, Executive Vice President of CenterPoint. “We are confident that the property will serve Greenix in their pursuit to expand their business operations in a key location with direct access to downtown Chicago.”

CenterPoint is one of the leading owner/operators of industrial real estate property, consisting of 20.34 Million SF and 3,537 acres in the Chicagoland area.

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