JLL arranges $195M sale of trophy logistics facility in Chicago
United States, Oct. 6 -- JLL Capital Markets announced today that it arranged the $195 million sale of 1237 W. Division St., a 571,423-square-foot multi-story logistics facility in Chicago. The property, the first multi-story logistics facility developed in the Midwest, occupies a premier infill location with direct access to Interstate 90/94 and serves one of the nation's largest consumer and labor populations.JLL represented the seller, Logistics Property Company, in the transaction. A global e-commerce company acquired the asset.Situated near downtown Chicago, the state-of-the-art facility includes 571,423 square feet of warehouse space across two levels. Purpose-built for modern distribution operations, the property features 34-foot-plu...
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