Brookfield Properties Acquires Chicago Distribution Center
The 41,000-square-foot, last-mile distribution facility is fully-leased to Johnstone Supply and Goodman Manufacturing.
Brookfield Properties has purchased a distribution center in Chicago, IL from the Chicago-based logistics real estate investment and development firm, Dayton Street Partners.
The 41,000-square-foot, last-mile distribution facility, located at 4150 N. Knox Ave. on Chicago’s North Side, was acquired for an undisclosed price.
Fully leased to Johnstone Supply and Goodman Manufacturing, the distribution center features 30-foot clear ceiling heights, six docks, four drive in doors, LED lighting and 55 parking spots.
Dayton Street Partners originally acquired the 1.6-acre vacant parcel in 2015, prior to completing construction on the warehouse in 2018.
CBRE national partners represented Dayton Street Partners in the transaction.
Dayton Street Partners recently acquired a 500,000-square-foot, 95-acre transload facility in Houston, TX, and also recently broke ground on a 180,000-square-foot speculative distribution center at Atlanta’s Hartsfield International Airport.