Oakbrook Terrace, IL – TradeLane Properties, a privately held industrial real estate company, is pleased to announce the successful acquisition of a 120,111 square foot stabilized asset located in Lockport, IL.

15160 New Avenue is a Class B, front-load industrial facility situated on 12.3 acres. Constructed in 2000, the property features 26’–30’ clear height, 11 exterior dock-high doors, 4 drive-in doors, and 121 auto parking stalls. Equipped with specialized features including a 40-ton bridge crane, multiple 10-ton bridge cranes and 5,600 amps of heavy power, the facility offers a distinct competitive infrastructure advantage. Strategically located less than two miles from I-355, the property provides seamless connectivity to I-55 and I-80, offering superior logistical access. This unique combination of high-capacity utility and regional reach ensures long-term value for a broad spectrum of industrial users.

Acquired within the TradeLane Properties U.S. Industrial Fund III, L.P., an investment fund focused on key Central U.S. logistics markets, this investment highlights TradeLane’s commitment to acquiring highly functional industrial assets in strategic locations.

TradeLane Properties would like to thank Matthew Lee and Nick Krejci with Core Industrial Realty for their assistance in closing this 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.