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JLL Secures Sale of Chicago Industrial Portfolio to High Street Logistics Properties
JLL has successfully completed the sale of a three-building industrial portfolio totaling 537,681 square feet, located within some of the most sought-after industrial submarkets in DuPage County, Illinois.
The JLL Capital Markets team representing the seller included Managing Director Kurt Sarbaugh, Senior Managing Director Sean Devaney, Managing Director Ed Halaburt, Senior Director Ross Bratcher, and Associate Cameron Chandra. The buyer of the fully leased portfolio was High Street Logistics Properties.
This portfolio is strategically positioned within the O’Hare and North DuPage County industrial submarkets, benefiting from prime access to Chicago’s robust transportation infrastructure. The properties offer direct access to Interstate 290 and are located near O’Hare International Airport, the nation’s leading cargo airport by freight value.
“This transaction highlights the continued strength of Chicago’s infill industrial market, particularly in tax-advantaged DuPage County locations,” said Sarbaugh. “The portfolio’s combination of established tenant relationships, superior transportation access, and positioning in supply-constrained submarkets with low vacancy rates made it highly attractive to High Street.”
The sale underscores the ongoing demand for well-located logistics and industrial assets within the Greater Chicago area.
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