Liebman Joins Merit; Will Lease Ex-Macy's

CHICAGO—David L. Liebman, a veteran industrial broker, has just joined Chicago-based Merit Partners, LLC, as managing broker. In one of his first assignments, Liebman will join the leasing team for the 1,500,000-square-foot, 21-acre, former Marshall Field’s industrial campus at 4000 West Diversey Ave. on the northwest side of Chicago.

As previously reported in GlobeSt.com, Chicago-based 4K Diversey Partners, LLC recently closed a $10 million acquisition from Macy’s Inc. of the campus. The new owners believe they can turn the property, which has two warehouses of about 71,000-square-feet and 100,000-square-feet and a 1.3 million-square-foot main building along Diversey, into a multi-use destination for manufacturers, distributers, warehouse users, retailers and call centers. Macy’s shut down its operations there in 2008.