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Transactions -
Industrial Fund
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Village
& Westgate Drives
Carol Stream, IL
Industrial Property Fund III Acquisition |
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The
Missner Group is the developer for two planned
industrial buildings.
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Located
at 417 &
418 Village Drive
, the first building will have over 93,000
square feet, with 28 foot clear heights, ten
exterior loading docks, 2 drive-in doors, and
5% office space.
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The
second planned development is located at
221 Westgate Drive
and will have over 80,000 square feet, with 24
foot clear heights, eight interior loading
doors, and office space.
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Both
developments are near the Elgin-O'Hare
Expressway and I-355, with direct access to
downtown
Chicago
and O'Hare Airport.
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The
buildings represent the fourteenth and
fifteenth acquisitions for Wrightwood
Capital's Industrial Property Fund III.
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The
opportunity was sourced through Steve Roth of
Cohen Financial.
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Devon
Avenue & Supreme Drive
Chicago, IL
Industrial Property Fund III Acquisition |
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The
properties are fully leased, single-story
buildings for light industrial use and total
over 182,900 square feet.
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They
are located at
1900-1960 East Devon Avenue
and
820-890 Supreme Drive
, in the O'Hare industrial submarket.
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The
buildings represent the eleventh and twelfth
acquisitions for Wrightwood Capital's
Industrial Property Fund III.
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The
opportunity was sourced through Jeff Kahan,
Steve Disse, Jeffrey Devine, and David Egan of
Colliers Bennett & Kahnweiler.
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Park
Butterfield
Aurora, IL
Industrial Property Fund III Acquisition |
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The
project is a development joint venture with
Bridge Development to develop two industrial
distribution buildings.
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Once
complete, the property will have two 175,000
square foot buildings, divisible to 20,000
square feet.
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The
property is located on the southeast corner of
Butterfield and Eola Roads, with convenient
access to I-88, SR-59, and downtown
Chicago
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The
project will be marketed by Mark Moran, Steve
Connelly, and Dan Wilkens of NAI Hiffman.
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The
opportunity was sourced through Jeff Kahan,
Steve Disse, Jeffrey Devine, and David Egan of
Colliers Bennett & Kahnweiler.
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67th
Street
Bedford Park, IL
Industrial Property Fund III
Acquisition |
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Built
in 2000, the building is located on 8.2 acres,
with over 227,000 square feet.
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The
property amenities include a premium office
build-out, thirty-eight exterior truck docks,
eight rail doors, and 30 foot clear heights.
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Located
just south of Midway Airport, the property
benefits from easy access to I-55, I-294,
I-355, and downtown Chicago.
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The
building is fully leased by Corrugated
Supplies Corp, a corrugated sheet
manufacturer.
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The
opportunity was sourced through Vern Schultz
at Colliers, Bennett & Kahnweiler.
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Structured
Finance
Industrial
Fund
Mezzanine
and Equity
Portfolio
Distribution
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