PARTNERSHIP TO BUILD 140,000 SF DISTRIBUTION CENTER

by admin

DES PLAINES, ILL. — Brennan Investment Group LLC and DLJ Real Estate Capital Partners LLC have acquired approximately eight acres at 1780 Birchwood Ave. in Des Plaines. The partnership plans to build the Northeast O'Hare Industrial Center, a 140,000-square-foot warehouse and distribution building that will feature 32-foot clear ceiling heights, at the site. The development is located near Interstates 90 and 294 in Chicago's O'Hare Industrial submarket. Jonathan Kohn and Thomas Rodeno of Colliers International have been retained to market the property on behalf of Brennan Investment Group and DLJ Real Estate Capital Partners. The project is slated for completion in the third quarter of 2014.

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