Chicago Industrial Investment Sales

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

Jeff Devine

Executive Managing Director

Direct: +1 847 698 8264

jeff.devine@colliers.com

Steve Disse

Executive Managing Director

Direct: +1 847 698 8263

steve.disse@colliers.com

Jennifer Stanisic

Vice President

Direct: +1 847 698 8266

jennifer.stanisic@colliers.com

Tyler Ziebel

Vice President

Direct: +1 847 698 8214

tyler.ziebel@colliers.com

Margot Dempsey

Analyst

Cell: +1 847 989 3505

margot.dempsey@colliers.com

Current Listings

8701 W 50th Street

McCook, Illinois

42,726 SF

Coming Soon

575 N Sacramento Boulevard

Chicago, Illinois

493,415 SF

22 Gateway Commerce Center

Edwardsville, Illinois

155,700 SF

Columbus Infill Industrial Portfolio

4 Buildings

481,475 SF

McCook Logistics Offering

McCook, Illinois

365,359 SF

Zebra Technologies Distribution Center

Bristol, WI

396,508 SF

I-88 Gateway Logistics Center

Aurora, IL

604,565 SF

DHL Supply Chain Distribution Center

Columbus, OH

582,400 SF

Troy Distribution Center

Troy, Ohio

211,900 SF

Recently Closed Listings

Select team sale transactions completed within the past year

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

Milwaukee Electric Tool Corp.

Menomonee Falls, WI

CLIENT (SELLER):

First Industrial

BUYER:

Apollo

SIZE:

388,800 SF

CLOSING DATE:

December 2021

Rivian Distribution Center

Normal, IL

CLIENT (SELLER):

HSA

BUYER:

Box Equities

SIZE:

200,000 SF

CLOSING DATE:

December 2021

Attindas Ohio Production Facility

Delaware, OH

CLIENT (SELLER):

HSA

BUYER:

SomeraRoad

SIZE:

376,500 SF

CLOSING DATE:

December 2021

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

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.

Jeff Devine

Executive Managing Director

Direct: +1 847 698 8264

jeff.devine@colliers.com

Steve Disse

Executive Managing Director

Direct: +1 847 698 8263

steve.disse@colliers.com

Jennifer Stanisic

Vice President

Direct: +1 847 698 8266

jennifer.stanisic@colliers.com

Tyler Ziebel

Vice President

Direct: +1 847 698 8214

tyler.ziebel@colliers.com

Margot Dempsey

Analyst

Cell: +1 847 989 3505

margot.dempsey@colliers.com