Dayton Street Partners (DSP), a logistics real estate investment and development firm headquartered in Chicago, has closed on the acquisition of a six-building logistics park set on 11 acres at 700 Larsen Lane in Bensenville, Illinois. The seller was a private investor.
The park is comprised of a 37-door truck terminal, two truck maintenance facilities and a warehouse with one acre of outdoor storage. Located within the highly desirable O’Hare Industrial Submarket in DuPage County, it is directly across the street from O’Hare International Airport. It was 85% leased at the time of sale.
DSP will commence with a multi-million dollar renovation of the terminal in November.
CBRE’s Jack Brennan represented the seller and is exclusive marketing agent for the property.
DSP continues to expand its portfolio with recent IOS and logistics related acquisitions in Atlanta, Tampa, Nashville, Savannah and San Diego. It recently completed the development of a 216 door, 1000 trailer terminal on 47 acres in Houston.
