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| Robin Stolberg |
CHICAGO, IL –– Holliday
Fenoglio Fowler, L.P. (HFF) announces the capital placement for the $31.5
million acquisition of a single-tenant, long-term-leased, high flow-through
logistics facility in Alsip, Illinois.
HFF arranged the
capital on behalf of Dayton Street Partners (DSP), which will own the property
with a long-term lease in place to full-service logistics provider Experior
Transport.
Constructed in
2013, the facility, located at 12161 South Central Avenue in Alsip, sits on
more than 42 acres and operates through a 171,624-square-foot, 69-door,
cross-dock facility with a 27,000-square-foot, 12-bay truck repair center.
The site notably includes more than 800 trailer parking
positions, as well as a fueling station and a truck scale.
The HFF advisory
team included senior directors Robin Stolberg and Kurt Sarbaugh,
managing director Steve Skok and analyst Sam Berry.
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| Kurt Sarbaugh |
“This state-of-the-art
asset plays a critical role in moving product though the last-mile supply
chain, and this acquisition falls in line with DSP’s overall strategy of
acquiring high barrier-to-entry, infill, logistics-related real estate,” said
Howard Wedren, founder and managing principal of Dayton Street Partners.
Dayton Street Partners
LLC is a niche commercial real estate investment and development firm focused
on the acquisition and development of high barrier to entry infill industrial
and logistics properties.
CONTACTS:
ROBIN STOLBERG
IL Lic. #475.123480
HFF Senior Director
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| Steve Skok |
(312) 528-3650
KURT SARBAUGH
IL Lic. #475.123047
HFF Senior Director
(312) 528-3650
KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420
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