Meet Our Team
Awards & Nominations
2020 – Transaction of the Year Recipient
2019 – Transaction of the Year Recipient
2020 – Broker of the Year Finalist
2013 – Broker of the Year
2010 – Broker of the Year
CoStar’s power broker
listed as top salesbrokers
Recognition as one of the top ten most active investment brokerage teams in the nation
Overview
The Chicago Industrial Sales team of Colliers Chicago Office is known as one of the preeminent advisory teams servicing institutional industrial property investors. The team is led by Jeff Devine, Steve Disse, and Tyler Ziebel – collectively offering 58 years of experience as intermediaries in the industrial capital markets.
With a primary focus and expertise in the Chicago market, Jeff and Steve have been the leading brokers of institutional quality industrial real estate in the Chicago area over the past decade in addition to transacting approximately 50% 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 $5 billion in sale transactions over the past 5 years. Along with a dynamic support team providing financial modeling and professional-grade marketing materials, the Colliers Chicago Industrial Sales team continues to serve as the “trading desk” for institutional industrial real estate in Chicago and its neighboring midwestern cities.
Current Listings
Closed Deals
Select team sale transactions completed within the past year
I-88 Gateway Logistics Center
Aurora, IL
CLIENT (SELLER):
ARA Realty Advisors
BUYER:
Private
SIZE:
604,565 SF
CLOSING DATE:
May 2023
DHL Supply Chain Distribution Center
Columbus, OH
CLIENT (SELLER):
Prologis
BUYER:
Transwestern
SIZE:
582,400 SF
CLOSING DATE:
March 2023
Zebra Technologies Distribution Center
Bristol, WI
CLIENT (SELLER):
Janko & Company
BUYER:
Exeter
SIZE:
396,508 SF
CLOSING DATE:
March 2023
4201 W 36th Street
Chicago, IL
CLIENT (SELLER):
TradeLane
BUYER:
Lightstone
SIZE:
92,500 SF
CLOSING DATE:
February 2023
Kehe Distribution Center
Dallas, TX
CLIENT (SELLER):
Core%
BUYER:
Scout Cold Logistics
SIZE:
993,912 SF
CLOSING DATE:
November 2022
Kroger Chicago Last Mile Facility
Maywood, IL
CLIENT (SELLER):
Private LLC
BUYER:
Pacifica Group
SIZE:
79,869 SF
CLOSING DATE:
November 2022
Infill O’Hare Multi-Tenant Portfolio
Elk Grove Village, IL
CLIENT (SELLER):
Stockbridge
BUYER:
TA Realty
SIZE:
757,557 SF
CLOSING DATE:
November 2022
Roundys (Kroger) DC
Ocnonmowoc, WI
CLIENT (SELLER):
Private Family Trust
BUYER:
Scout Cold Logistics
SIZE:
1,092,074 SF
CLOSING DATE:
September 2022
10600 W. Belmont AVe
Franklin Park, IL
CLIENT (SELLER):
James Campbell Company
BUYER:
LBA
SIZE:
215,094 SF
CLOSING DATE:
August 2022
Multi Market Infill Industrial Portfolio
12 major us markets
CLIENT (SELLER):
Private LLC
BUYER:
Ares Management
SIZE:
1,486,122 SF
CLOSING DATE:
June 2022
Ameriplex Industrial Center
Indianapolis, IN
CLIENT (SELLER):
Clarion Partners
BUYER:
Libitzky Property Company
SIZE:
244,622 SF
CLOSING DATE:
June 2022
Gateway V
Plainfield, IN
CLIENT (SELLER):
Washington Capital
BUYER:
Private LLC
SIZE:
262,758 SF
CLOSING DATE:
May 2022
“Core Plus” New, Class A Industrial
Kenosha, WI
CLIENT (SELLER):
Panattoni
BUYER:
Pritzker Realty Group
SIZE:
270,290 SF
CLOSING DATE:
May 2022
Chicago North last Mile portfolio
Morton Grove, IL
CLIENT (SELLER):
Private LLC
BUYER:
Unilev Capital
SIZE:
368,670 SF
CLOSING DATE:
April 2022
Amhurst Lake Business Park Portfolio
WAUKEGAN, IL
CLIENT (SELLER):
Prudential
BUYER:
Link Logistics
SIZE:
1,279,785 SF
CLOSING DATE:
March 2022
Orchard Gateway Distribution Center
Aurora, IL
CLIENT (SELLER):
Panattoni
BUYER:
Hillwood
SIZE:
764,895 SF
CLOSING DATE:
December 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 $10 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 100 transactions with a value in excess of $5 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 20 industrial investment sales transactions totaling nearly 10.7 million square feet with a value in excess of $1.08 billion
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.