Colliers Bennett & Kahnweiler , 2008-03-06
by Aimee Course
Rosemont, IL
Jeffrey F. Kahan, Principal; Steven C. Disse, Principal; Jeffrey B. Devine, Principal; and David Egan, Senior Associate, all with Colliers Bennett & Kahnweiler Inc.’s Investment Services Group, represented a joint venture between Panattoni Development Company and LaSalle Investment Management in the sale of a four-building, 1,928,378-square-foot industrial portfolio located in the Chicago area’s I-55 industrial corridor. The $100+ million sale transaction closed in February 2008 and the buyer was Heitman American Real Estate Trust. The sale stands as the largest transaction in the I-55 Corridor industrial sub-market in the past 10 years. The buildings are all located in Romeoville’s Windham Lakes Southwest Business Park.
Building detail is as follows:
| 1701 Normantown Road, Romeoville, IL | 814,848 SF |
| 1401 Normantown Road, Romeoville, IL | 716,318 SF |
| 1601 Normantown Road, Romeoville, IL | 260,605 SF |
| 1801 Normantown Road, Romeoville, IL | 136,607 SF |
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 10,092 employees span the world in 267 offices in 57 countries. On a worldwide basis, Colliers manages 672,945,918 square feet, and has revenue of $US 1,620,958,349.
Contact Information
Aimee Course
Director of Marketing
Colliers Bennett & Kahnweiler
847-698-8243
acourse@colliersbk.com
back to top
|