2020 NAIOP Industrial Investment Transaction of the Year Recipient
2019 NAIOP Industrial Investment Transaction of the Year Recipient
2020 Chicago Food Depository Awards
Chicago Industrial Investment Sale
Broker of the Year Finalist
2013 Chicago Food Depository Awards
Chicago Industrial Investment Sale
Broker of the Year
2010 Chicago Food Depository Awards
Chicago Industrial Investment Sale
Broker of the Year
Overview
The Chicago Industrial Sales team of Colliers International’s Chicago Office is known as one of the preeminent advisory teams servicing institutional industrial property investors. The team is lead by Steve Disse and Jeff Devine collectively offering 50 years of experience as intermediaries in the industrial capital markets.
With a primary focus and expertise in the Chicago market, Steve and Jeff have been the leading brokers of institutional quality industrial real estate in the Chicago area over the past decade in addition to transacting approximately 30% of their annual volume in the surrounding major Midwest markets. They have orchestrated several of the lowest cap rate deals sold in Chicago and have closed nearly $3 billion in sale transactions over the past 5 years. Along with a dynamic support team providing financial modeling and professional grade marketing materials, Colliers Chicago Industrial Sales team continues to serve as the “trading desk” for institutional industrial real estate in Chicago and its neighboring midwestern cites.
Meet Our Team
Current Listings
Recently Closed Listings
Select team sale transactions completed within the past year
Bath & Body Works Fulfillment Center
Columbus, OH
CLIENT (SELLER):
VanTrust Real Estate
BUYER:
Mid-America Management Co.
SIZE:
1,022,380 SF
CLOSING DATE:
November 2021
101 Centerpoint Drive
Rochelle, IL
CLIENT (SELLER):
UBS
BUYER:
Hillwood
SIZE:
400,000 SF
CLOSING DATE:
November 2021
3100 – 3250 S. Central Ave
Cicero, IL
CLIENT (SELLER):
Sagic Capital
BUYER:
Aminim Group
SIZE:
565,209 SF
CLOSING DATE:
November 2021
Jefferson Business Center
Naperville, IL
CLIENT (SELLER):
TA Realty
BUYER:
Black Creek
SIZE:
169,250 SF
CLOSING DATE:
November 2021
Ceva O’Hare Distribution Complex
Des Plaines, IL
CLIENT (SELLER):
James Campbell Company
BUYER:
LBA
SIZE:
228,603 SF
CLOSING DATE:
September 2021
Woodridge Commerce Center
Woodridge, IL
CLIENT (SELLER):
William Harris Investors
BUYER:
Unilev
SIZE:
148,012 SF
CLOSING DATE:
September 2021
Grand Rapids Commerce Center
Grand Rapids, MI
CLIENT (SELLER):
Ashley Capital
BUYER:
Glen Una Management Company
SIZE:
1,922,756 SF
CLOSING DATE:
September 2021
2105 Corporate Drive
Addison, IL
CLIENT (SELLER):
HSA
BUYER:
ML Realty
SIZE:
65,183 SF
CLOSING DATE:
September 2021
1224 N. Hooker
Chicago, IL
CLIENT (SELLER):
DWS RREEF
BUYER:
LBA
SIZE:
44,700 SF
CLOSING DATE:
September 2021
IDI Midwest Logistics Portfolio
Chicago, Memphis, Cincinnati
CLIENT (SELLER):
IDI
BUYER:
Granite REIT
SIZE:
2,402,088 SF
CLOSING DATE:
September 2021
1860 Walcutt Road
Suburban Columbus OH
CLIENT (SELLER):
Hackman Capital
BUYER:
Lexington Property Trust
SIZE:
292,730 SF
CLOSING DATE:
August 2021
283 E Lies Road
Carol Stream, IL
CLIENT (SELLER):
Private LLC
BUYER:
Realty Income
SIZE:
38,000 SF
CLOSING DATE:
August 2021
Chicago Income Industrial Portfolio
Metro Chicago
CLIENT (SELLER):
Link Logistics
BUYER:
Faropoint
SIZE:
757,017 SF
CLOSING DATE:
August 2021
3325 Mt. Prospect Road
Franklin Park, IL
CLIENT (SELLER):
Private LLC
BUYER:
Faropoint
SIZE:
64,002 SF
CLOSING DATE:
July 2021
Synnex RGLP Distribution Center
Columbus, OH
CLIENT (SELLER):
Duke Realty/Capitol Square
BUYER:
RMR Group
SIZE:
357,504 SF
CLOSING DATE:
June 2021
GHP Group Industrial Offering
Elk Grove & Niles, IL and Guelph, ON
CLIENT (SELLER):
Private LLC
BUYER:
WP Carey
SIZE:
496,744 SF
CLOSING DATE:
June 2021
Amazon Last Mile Distribution Center
Columbus, Ohio
CLIENT (SELLER):
Private LLC
BUYER:
Miramar
SIZE:
300,000 SF
CLOSING DATE:
June 2021
500 E. Devon Avenue
Elk Grove Village, IL
CLIENT (SELLER):
CA Ventures
BUYER:
Goldman Sachs
SIZE:
146,029 SF
CLOSING DATE:
April 2021
Butterfield VI DC
Aurora, IL
CLIENT (SELLER):
Stering Bay/Private LLC
BUYER:
Nuveen
SIZE:
503,244 SF
CLOSING DATE:
March 2021
O’Hare Logistics Center
Des Plaines, IL
CLIENT (SELLER):
Seefried
BUYER:
Brookfield
SIZE:
72,000 SF
CLOSING DATE:
February 2021
LARAWAY DISTRIBUTION CENTER
JOLIET, IL
CLIENT (SELLER):
Clarion Partners
BUYER:
Exeter Property Group
SIZE:
736,780 SF
CLOSING DATE:
January 2021
Results, you say? Let us explain.
In The Last
Decade
- Responsible for the disposition of most of the large industrial properties throughout Chicago
- Sold over $4.5 billion of industrial product
- Completed approximately $700 million in structured equity and joint venture financing
- Consistently achieved the lowest cap rates in the Chicago marketplace.
In The Last
5 Years
- Closed 102 transactions with a value in excess of $2.8 billion
- Volume nearly doubling our nearest competitor
- Represented over 54% of the Chicago industrial sales over $10 million
- Most dominant industrial investment sales team in Chicago
Last Year
- Sole advisor on 19 industrial investment sales and 1 structured equity financing transaction, totaling nearly 11.1 million square feet with a value in excess of $645 million
- Captured 52% of the sales volume among transactions over $5 million that were handled by investment sale brokers. The next closest competitor handled only 22%
Honors Received
NAIOP Industrial Investment Transaction of the Year Recipient
Investment Broker of the Year award at the Annual Greater Chicago Food Depository Benefit
CoStar’s power broker
listed as top salesbrokers
Recognition as one of the top ten most active investment brokerage teams in the nation
Connect with us
We look foward to talking with you about your project or simply to ask a question.