Stream Realty Partners has fully entitled its first industrial site in Chicagoland and will partner with Cushman & Wakefield to lease the property’s three planned warehouses.
Stream, a national commercial real estate firm offering an integrated platform of services, purchased three parcels of land totaling 90.4 acres at 10812 Burlington Road in Kenosha, Wisconsin, to build Somers Trade Center. The industrial park will offer 934,505 square feet of Class A space in a prime location.
Stream Chicago Executive Managing Director and Partner Patrick Russo sourced the site and was instrumental in the assemblage, entitlements, and closing process along with Senior Directors Dale Todd and Drue Stoehr of the firm’s Industrial Development Services division. Todd and Stoehr will develop the land.
The Stream team will partner with Executive Managing Director Eric Fischer of Cushman & Wakefield, who will serve as the lead leasing broker for the industrial site.
Somers Trade Center is less than a mile from the I-94 interchange and will offer direct access to Chicago. Amazon, Uline, and several other Fortune 500 companies are neighbors to the project.
Somers Trade Center is owned and overseen by Stream Realty Partners.
