Stream Realty Partners Acquires Industrial Facility In Chicago From Sagard Real Estate

The Halsted Pershing Business Center is a 104,008-square-foot industrial facility located at 815 West Pershing Road in Chicago. The property was sold for $19 million in a recent transaction between the buyer Stream Realty Partners and the seller Sagard Real Estate. The industrial facility features amenities such as dock-high loading doors, refrigerated storage, and is fully leased to tenants like the U.S. General Services Administration and Goodman. Its strategic location offers proximity to major Chicago airports and interstates.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $19,000,000
• Asset Type: Industrial
• Acres: 7
• Market: Chicago
• SF: 104,008
• PPSF: $183
• Buyer: Stream Realty Partners
• Seller: Rick Stone - Sagard Real Estate
• Buyer's Rep: Ben Harrison, Mustafa Ali & Patrick Russo - Stream Realty Partners
• Seller's Rep: Ed Halaburt, John Huguenard, Kurt Sarbaugh, Michael Conway, Sean Devaney & William McCormack - JLL

The transaction involved key individuals such as John Huguenard, Ed Halaburt, Kurt Sarbaugh, Sean Devaney, Michael Conway, Rick Stone, Patrick Russo, and Ben Harrison. They were instrumental in facilitating the sale of the industrial facility in Chicago, bringing together Stream Realty Partners and Sagard Real Estate for the successful completion of the deal.