Oakbrook Terrace, IL – TradeLane Properties, a privately held Industrial Real Estate company, today announced the successful sale of 555 Saint James Gate, a 404,000 square foot distribution center located in Bolingbrook, IL to an institutional buyer.

The property, originally acquired through TradeLane Properties U.S. Industrial Fund II, L.P., was fully leased to a single tenant at the time of sale.

Positioned immediately adjacent to I-55 at Route 53, the facility offers premier access to the Chicago metro area. Features include 80+ trailer positions, 40 dock positions, 32’-38’ clear heights, 10,000 amps of power, ESFR fire suppression, and 134 auto parking spaces.

The sale of 555 Saint James Gate demonstrates TradeLane Properties’ continued success in executing its investment strategy targeting major Central U.S. logistics markets and creating value through its integrated accounting, construction, and property management teams.

TradeLane Properties would like to thank Mike Tenteris with Cushman & Wakefield for representing TradeLane Properties in the transaction.

About TradeLane Properties

TradeLane Properties is a privately held Industrial real estate company committed to harnessing its founders’ expertise in acquiring, developing, redeveloping, and operating industrial real estate facilities focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas-Fort Worth, Houston and San Antonio. For more information, visit www.tradelaneproperties.com.