Stream Realty Partners has secured $63 million in financing for the Chicagoland Industrial Portfolio, consisting of five class A industrial buildings in the Chicago MSA.
JLL worked on behalf of the owner, Stream Realty Partners, to secure the fixed-rate, five-year loan.
The portfolio comprises the following properties: Asbury Drive, a 157,500-square-foot building located at 850 Asbury Drive in Buffalo Grove in the Lake County submarket; Rockwell Logistics Center, a 174,262-square-foot building located at 2545 W. 24th Street in Chicago in the City South submarket; Mokena Logistics I and II, 268,226 square feet across two buildings located at 8965 and 8905 W. 187th Street in Mokena in the Joliet submarket; and Halsted Pershing Business Center, a 104,008-square-foot building located at 815 W. Pershing Avenue in the Stockyards submarket.
These premier distribution and warehouse facilities total 703,996 square feet, featuring suites ranging from 25,100 to 174,262 squ
