Dayton Street Partners has signed two leases totaling 29,326 square feet at its three-building logistics park at 2217 S. Loomis St. in Chicago.
Meade, Inc., signed on for 25,326 square feet while Central States Trucking leased about 4,000 square feet on three acres. Both companies cite 2217’s direct access to I55/94, the city’s high-density neighborhoods and robust logistics infrastructure as drivers for their respective site selection decisions.
The transactions bring the property to 100 percent leased.
2217 S. Loomis St. offers significant parking for trailers and fleets and significant outdoor storage space, as well as a separate office/showroom and a truck scale. Two of the buildings provide full pull-through access via grade level overhead doors on a 100% concrete covered and secured site.
Located on the southeast corner of South Loomis St. and West Cermak Rd., the property provides unparalleled access to the state’s vast interstate infrastructure as well as the CBD. It is approximately one mile north of I-55 and one mile west of I-90/94, two miles from I-290 and three miles from downtown. It occupies a spot in an excellent distribution pocket that is home to other LTL carriers, trucking companies, distributors and manufacturers such as Amazon, FedEx, Lineage Logistics, Fastenal, Sherwin Williams, Carmichael Trucking and Brandenburg Industries.
CBRE’s Kevin Segerson and Philip A. DeBoer represented Forward Air in the transaction while Peter Poulos with Peter J. Real Estate represented Meade.
Dayton Street, one of the most active investor/developers in the U.S., focuses on the acquisition and development of high barrier to entry infill industrial and office properties across the country. The firm continues to grow its business and recently expanded its portfolio with logistics related acquisitions in the Southeast including assets in Miami, Orlando, Nashville, Charlotte Tampa, Houston, and California’s Central Valley.