Oakbrook Terrace, IL – TradeLane Properties is pleased to announce the sale of 1001 Asbury Drive, a 74,024 square foot industrial building located in Buffalo Grove, IL, to a global pharmaceutical distribution company who will fully occupy the facility.

Built in 1989, the property features a 22' clear height and includes one drive-in-door and five dock-high positions. The asset was part of TradeLane Properties U.S. Industrial Fund II, an industrial value-add platform focused on the Central United States.

TradeLane Properties would like to thank Marc Samuels with Cushman & Wakefield for representing Tradelane Properties and Dustin Albers with Cawley Commercial Real Estate for representing the purchaser for their assistance 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, San Antonio, Houston, and Dallas-Fort Worth. For more information, visit www.tradelaneproperties.com or call Kari Jones at (630) 320-5501.