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Avison Young Selling 4 Modern Industrials

CHICAGO—A lack of new construction has increased the value of core product, and Avison Young expects this portfolio of 900K SF to attract national attention.

By Brian J. Rogal | Updated on October 09, 2014

CHICAGO—Erik Foster and Mike Wilson of Avison Young’s national industrial capital markets group have been awarded the exclusive sale listing of a four-building industrial portfolio in the Chicago metro area with a total of about 900,000-square-feet. The portfolio, owned by institutional investors advised by J.P. Morgan Asset Management, includes newer, fully-leased buildings with strong tenants.

“These are core-quality, institutional-grade assets,” Foster tells GlobeSt.com. “They are right off major expressways in well-located parks; there are not a lot of core-quality assets like this on the market so we believe we will get national attention.”

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