Colliers Leases 83,052 SF Industrial Property In Elk Grove Village To JAS Forwarding USA

The industrial property at 222 E Devon Ave in Elk Grove Village, IL spans 83,052 square feet and is part of the Chancellory Lakes Distribution Center. The property features a clear height of 32 feet, 24 docks, and 175 parking spaces.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 222 E Devon Ave, Elk Grove Village, IL
• Market: Elk Grove Village
• Tenant: JAS Forwarding USA
• Landlord: Nuveen Real Estate
• Landlord's Rep: Ron Behm (Colliers International)
• Square Feet: 83,052

Ron Behm of Colliers, along with Jonathan Kohn, represented the ownership of the property, with Seefried Industrial Properties and Nuveen Real Estate being involved in the lease-up. The property is located within the Centex Industrial Park in Elk Grove Village near Chicago. Seefried Industrial Properties acquired the site in May 2020 and completed the development in March 2021.