Jeff Devine and Steve Disse of Colliers recently facilitated the sale of two state-of-the-art industrial buildings in Romeoville, Illinois. The Class A properties, totaling 897,840 square feet, were acquired by an institutional investor advised by Principal Asset Management. Located within the highly sought-after Weber 55 Logistics Park on a sprawling 60-acre campus, these buildings offer prime access to local and national distribution points.
The larger building at Weber 55 is already leased to RJW Logistics while the second building with a total area of 270,000 square feet was vacant at the time of sale. This strategic location along the I-55 Corridor makes it ideal for manufacturing and e-commerce companies looking for efficient logistics solutions. Despite recent construction activity in this submarket of Chicago’s bustling industrial market, vacancy rates remain low due to its central position within the Chicago MSA.
This transaction showcases Colliers’ expertise in facilitating successful deals between buyers and sellers in high-demand markets like Romeoville’s thriving logistics sector.