Dalfen Industrial acquired a multi-tenant industrial property at 1341–1371 Howard St. in Elk Grove Village, Illinois, further strengthening the firm’s rapidly expanding Midwest platform and deepening its presence in Chicago’s premier O’Hare submarket.
Built in 1990 and strategically located in one of the nation’s most competitive infill logistics corridors, the property offers immediate access to I-90, I-290, I-294, and O’Hare International Airport. The asset is currently 75% leased and includes a move-in-ready vacancy, presenting near-term value creation opportunities. Each suite features both dock-high and drive-in loading, providing flexible functionality for today’s distribution and light industrial users. The surrounding corridor is home to major global operators including Amazon and FedEx, reinforcing the strength of the location.
With this transaction, Dalfen Industrial now owns and operates seventeen buildings across the Midwest. The company continues to actively pursue acquisitions throughout Chicago and other core Midwest logistics markets as it aims to double its footprint in the region over the next twelve months.
