High Street Logistics Properties has sold a 10-property light industrial portfolio totaling 717,475 square feet strategically positioned across Chicago’s collar counties.
The assets span five municipalities in Will, DuPage and Kane counties, offering access to major transportation corridors including Interstates 80, 55, 88 and 90.
The portfolio comprises second-generation facilities averaging 26 feet in clear height with a mix of single-tenant and multitenant configurations across 22 total suites. Built in 2001 on average, the properties feature modern logistics specifications including a combined 78 dock doors and 23 drive-in doors, complemented by 1,013 car parking spaces across 41.5 acres. The collection includes six assets in Tinley Park, two properties in Mokena and single assets in Naperville, Elgin and Romeoville.
Currently 83.7 percent leased to 19 tenants across diverse industries, the portfolio features a weighted average lease term of 3.8 years with
