Stream Realty Partners has recently acquired the Halsted Pershing Business Center, a Class A industrial property located at 815 W. Pershing Avenue in Chicago’s Stockyards submarket. The acquisition was facilitated by Stream Executive Managing Director & Partner Patrick Russo, Portfolio Manager Mustafa Ali, and Associate Ben Harrison.
The seller was represented by JLL’s team of Ed Halaburt, Sean Devaney, John Huguenard, Kurt Sarbaugh and Will McCormack along with local market expert Michael Conway.
According to Russo: “The addition of the Halsted Pershing Business Center to our portfolio is a significant move for Stream as we continue to expand our presence in the Chicago and Midwest markets.”
This state-of-the-art facility spans over 104,008 square feet within city limits and is currently fully leased out to three tenants with an average remaining term of four years. This ensures stable long-term occupancy for Stream Realty Partners.
Ali adds: “We are excited about this acquisition as it allows us to tap into one of the most sought-after areas for cold storage and food users in Chicago -the Stockyards submarket.”
