TradeLane Properties Sells Two Industrial Buildings in Chicago, IL
Oak Brook, IL –TradeLane Properties announces the disposition of 4201 W. 36th Street, a fully stabilized two-building industrial complex in the infill I-55 corridor of Chicago, IL.
These adjacent facilities, totaling 92,500 SF, were acquired in December 2020 within TradeLane Properties Fund I, a Chicago-focused value-add platform. Building One was acquired on a long-term sale leaseback while Building Two was purchased vacant and repositioned for tenancy.
Vern Schultz of Colliers International represented TradeLane Properties in the initial acquisition and the leasing of the assets. Tyler Ziebel and Vern Schultz of Colliers International represented TradeLane Properties in the disposition.
TradeLane Properties would like to thank Colliers International and Franklin Law Firm, PLLC for their assistance in these transactions.
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 currently focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas-Fort Worth, and San Antonio. For more information, visit www.tradelaneproperties.com or call Kari Lavezzi at (630) 320-5501