Stream Realty Partners has successfully acquired a Class A industrial portfolio in the Chicago metro area, totaling 599,988 square feet across four buildings. The properties include Asbury Drive in Buffalo Grove, Rockwell Logistics Center in Chicago’s City South submarket, and Mokena Logistics I and II in the Joliet submarket. All of these assets are fully leased to seven tenants.
The acquisition was facilitated by Stream Executive Managing Director and Partner Patrick Russo along with Portfolio Manager Mustafa Ali and Associate Ben Harrison. CBRE’s Capital Markets Advisors Ryan Bain, Michael Caprile, Zach Graham,Judd Welliver,Bentley Smith , Joe Horrigan,and Victoria Gomez were also involved along with local brokers Whit Heitman,Sam Badger,Larry Goldwasser,and Terry Grapenthin.
This purchase follows Stream’s recent acquisition of Halsted Pershing Business Center in Chicago’s Stockyards submarket. The investment management team at Stream will oversee this newly acquired portfolio.
The news of Stream Realty acquiring this 600K-SF industrial portfolio is reported by Connect CRE .
