Blake Silverman Of SL Industrial Partners Acquires 925391 SF Industrial Flex Space In Chicago Area

The industrial properties involved in the transaction consist of three locations at 1601 Barclay Boulevard, 100 Fairway Drive, and 2511 Technology Drive, totaling 925,391 square feet. These assets are situated across the Buffalo Grove, Vernon Hills, and Elgin markets. The assets are currently 92% leased and are to be rebranded and optimized to cater to small businesses, addressing the increasing demand for functional, smaller flex spaces in the region.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Buyer: Blake Silverman - SL Industrial Partners, an affiliate of The Silverman Group
• Brokers: Adam Tyler, James Carpenter & Michael Tenteris - Cushman & Wakefield
• Market: Buffalo Grove, Vernon Hills & Elgin
• Total Square Feet: 925,391

SL Industrial Partners has significantly expanded its portfolio by acquiring these over 925,000 square feet of industrial flex space, which doubles its holdings in the Chicago area to nearly 2 million square feet. The acquisition reflects strategic growth in response to regional demand trends.