Rothbart Construction Realty Acquires Industrial Portfolio In Chicago For $150M

The recent sale in Chicago involved a portfolio of industrial properties. The transaction took place on March 8, 2023, and the buyer was Rothbart Construction Realty, represented by Gary and Michael Rothbart. The seller was Clear Height Properties, with Dominic Sergi and Harbert Management Company involved in the deal. The brokers handling the transaction were Brian Silverman and Jason Shibata from JBS Commercial Real Estate.

Summary of transaction details

• Property Type: Industrial
• Sale Price: $150,000,000
• Square Footage: 1,400,000
• Price per Square Foot: $107
• Address: Portfolio, Chicago

The sale price for the portfolio was $150,000,000, with a total square footage of 1,400,000. The price per square foot was $107. The properties involved in the transaction were located in Chicago. Rothbart Construction Realty, led by Gary and Michael Rothbart, acquired the portfolio from Clear Height Properties, represented by Dominic Sergi and Harbert Management Company. The brokers, Brian Silverman and Jason Shibata from JBS Commercial Real Estate, facilitated the deal.