Chicago Industrial Investment Sales

Meet Our Team

Jeff Devine

Vice Chairman, Principal | Chicago

Direct: +1 847 698 8264

jeff.devine@colliers.com

Steve Disse

Vice Chairman, Principal | Chicago

Direct: +1 847 698 8263

steve.disse@colliers.com

Tyler Ziebel

Vice President

Direct: +1 847 698 8214

tyler.ziebel@colliers.com

Jennifer Stanisic

Vice President

Direct: +1 847 698 8266

jennifer.stanisic@colliers.com

Margot Dempsey

Analyst

Cell: +1 847 989 3505

margot.dempsey@colliers.com

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

Gateway III & IV

Plainfield, Indiana

371,200 SF

Coming Soon

800 Phoenix Lake Avenue

Streamwood, Illinois

152,138 SF

Closed Deals

Select team sale transactions completed within the past year

Wood Dale Industrial Center

Wood Dale, Il

CLIENT (SELLER):

STRS Ohio

BUYER:

Brennan Investment

SIZE:

280,947 SF

CLOSING DATE:

December 2023

300 Overland Drive

North Aurora, Il

CLIENT (SELLER):

Opus/Principal

BUYER:

The Brimel

SIZE:

104,978 SF

CLOSING DATE:

November 2023

Tollway Corporate Center

North Aurora, IL

CLIENT (SELLER):

Opus/Principal

BUYER:

Private

SIZE:

543,638 SF

CLOSING DATE:

October 2023

Weber55 Logistics Park

Romeoville, IL

CLIENT (SELLER):

Molto Properties

BUYER:

Principal Capital Management

SIZE:

897,840 SF

CLOSING DATE:

October 2023

Chicago Logistics Offering

Chicago, Il

CLIENT (SELLER):

ARES Management

BUYER:

Venture One

SIZE:

541,283 SF

CLOSING DATE:

August 2023

8701 W. 50th Street

McCook, IL

CLIENT (SELLER):

MidPacific Realty

BUYER:

Private LLC

SIZE:

42,726 SF

CLOSING DATE:

August 2023

Troy Distribution Center

TROY, OH

CLIENT (SELLER):

HSA Commercial

BUYER:

Moxie Equities

SIZE:

211,900 SF

CLOSING DATE:

August 2023

850 & 870 Corduroy Road

Lewis Center, OH

CLIENT (SELLER):

Tenby Partners

BUYER:

Brennan Investment

SIZE:

150,207 SF

CLOSING DATE:

June 2023

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

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.

Jeff Devine

Vice Chairman, Principal | Chicago

Direct: +1 847 698 8264

jeff.devine@colliers.com

Steve Disse

Vice Chairman, Principal | Chicago

Direct: +1 847 698 8263

steve.disse@colliers.com

Tyler Ziebel

Vice President

Direct: +1 847 698 8214

tyler.ziebel@colliers.com

Jennifer Stanisic

Vice President

Direct: +1 847 698 8266

jennifer.stanisic@colliers.com

Margot Dempsey

Analyst

Cell: +1 847 989 3505

margot.dempsey@colliers.com