Colliers’ Jeff Devine, Steve Disse, and Tyler Ziebel recently facilitated the sale of three industrial buildings in the Chicago area totaling 541,283 square feet for Ares Industrial Management. The properties are all fully leased at below-market rates and offer institutional quality assets.
The buildings are situated in prime locations: 277 Alft Court in Elgin (246,446 square feet), 1881 Normantown Road in Romeoville (226,102 square feet), and 351-355 Hastings Street in Buffalo Grove (68,735 square feet). According to Devine – a Vice Chairman and principal with Colliers’ Chicago office – these properties attracted many potential buyers due to their high quality features and diverse product types within different submarkets.
This transaction marks another successful deal by Colliers as they continue to provide top-notch real estate services.
