Industrial N Illinois
1600 Fleetwood in Elgin, Illinois.

Midwest Industrial sells part of portfolio for $21 million

Midwest Industrial Funds recently closed on the sale of the first phase of a three‐building, $21 million sale to Plymouth Industrial REIT. The first phase included over 280,000 square feet of fully leased properties at 1600 Fleetwood in Elgin, Illinois and 3 W. College Drive in Arlington Heights, Illinois. 1600 Fleetwood was leased long term to Stamar Packaging, a leading distributer of packaging, shipping and industrial supplies, and 3 W. College was leased to Arrows‐Up, an affiliate of Denver-based Omnitrax, who provides containerized bins for the blending of sand/silica used in the oil and fracking industries.

Industrial N Illinois
HSA Commercial sells 218,500 SF warehouse in Lake County

HSA Commercial sells 218,500 SF warehouse in Lake County

Chicago-based HSA Commercial Real Estate announced the completed sale of a 218,500-square-foot industrial building in the Delany Commerce Center—a multi-phase, 22.7-acre development east of the Tri-State Tollway in Waukegan, Illinois. The firm developed the distribution center in 2013 in partnership with Washington Capital Management Inc. and recently sold the building to a private investor.

Industrial N Illinois
Q&A with CenterPoint Properties' Brian McKiernan

Q&A with CenterPoint Properties' Brian McKiernan

Brian McKiernan has been with CenterPoint Properties since October 2006, where he coordinates, communicates and integrates development teams to maximize transaction volumes and land absorption. CenterPoint’s focused national strategy aids McKiernan, a senior vice president with the firm, in identifying and leveraging supply chain cost savings, resulting in maximized yields on transactions.