Newmark closed the sale of three assembled land sites totaling more than 42 acres in Portage, Indiana.
Newmark senior managing director Corey Chase, in cooperation with associate Chris Hill, represented the undisclosed sellers in the transaction to buyer Chicago-based industrial and logistics developer Dayton Street Partners, LLC.
DSP plans to begin speculative development of 538,000 square feet of warehouse/distribution space on the site—known as DSP Crossroads Portage.
Chase and Hill will be retained to market the future spec space for lease or sale on behalf of DSP.
