2020 NAIOP Industrial Investment Transaction of the Year Recipient
2019 NAIOP Industrial Investment Transaction of the Year Recipient
Overview
The Chicago Industrial Sales team of Colliers International’s Chicago Office is known as one of the preeminent advisory teams servicing institutional industrial property investors. The team is lead by Steve Disse and Jeff Devine collectively offering 50 years of experience as intermediaries in the industrial capital markets.
With a primary focus and expertise in the Chicago market, Steve and Jeff have been the leading brokers of institutional quality industrial real estate in the Chicago area over the past decade in addition to transacting approximately 30% of their annual volume in the surrounding major Midwest markets. They have orchestrated several of the lowest cap rate deals sold in Chicago and have closed nearly $3 billion in sale transactions over the past 5 years. Along with a dynamic support team providing financial modeling and professional grade marketing materials, Colliers Chicago Industrial Sales team continues to serve as the “trading desk” for institutional industrial real estate in Chicago and its neighboring midwestern cites.
Meet Our Team
Current Listings
Recently Closed Listings
Select team sale transactions completed within the past year
9300 KING STREET
FRANKLIN PARK, IL
CLIENT (SELLER):
Clarius Partners
BUYER:
Brookfield
SIZE:
99,076 SF
CLOSING DATE:
December 2020
AMAZON INFILL CHICAGO AMZL FACILITY
CHICAGO, IL
CLIENT (SELLER):
Ryan Co./Allstate JV
BUYER:
Private LLC
SIZE:
144,040 SF
CLOSING DATE:
December 2020
LARAWAY DISTRIBUTION CENTER
JOLIET, IL
CLIENT (SELLER):
Clarion Partners
BUYER:
Exeter Property Group
SIZE:
736,780 SF
CLOSING DATE:
January 2021
MPR PLASTICS SALE LEASEBACK
ELGIN, IL
CLIENT (SELLER):
MPR Plastics
BUYER:
High Street Logistics Properties
SIZE:
38,051 SF
CLOSING DATE:
November 2020
CENTERPOINT CHICAGO TERMINAL PORTFOLIO
METRO CHICAGO, IL
CLIENT (SELLER):
Centerpoint Properties
BUYER:
Venture One
SIZE:
1,086,122 SF Land
CLOSING DATE:
November 2020
PUMA DISTRIBUTION CENTER
WHITESTOWN, IN
CLIENT (SELLER):
Exeter Property Group
BUYER:
Walton Street Capital
SIZE:
636,700 SF
CLOSING DATE:
October 2020
SAMSUNG I-55 DISTRIBUTION CENTER
Romeoville, IL
CLIENT (SELLER):
LaSalle Investment Management
BUYER:
Exeter Property Group
SIZE:
648,960 SF
CLOSING DATE:
September 2020
INTERCHANGE 55 LOGISTICS PARK
Romeoville, IL
CLIENT (SELLER):
Macquarie
BUYER:
Prologis
SIZE:
1,341,860 SF
CLOSING DATE:
July 2020
601-605 KINGSLAND DRIVE
BATAVIA, IL
CLIENT (SELLER):
BK Equities/WHI
BUYER:
Venture One RE
SIZE:
488,571 SF
CLOSING DATE:
July 2020
AMAZON FULFILLMENT CAMPUS
KENOSHA, WI
CLIENT (SELLER):
Prologis
BUYER:
KKR
SIZE:
1,531,878 SF
CLOSING DATE:
June 2020
NORTHERN BUILDERS CHICAGO PORTFOLIO
ROMEOVILLE, BUFFALO GROVE, ELGIN IL
CLIENT (SELLER):
Northern Builders
BUYER:
Hayman Companies
SIZE:
866,023 SF
CLOSING DATE:
March 2020
555 W. 167th ST
SOUTH HOLLAND, IL
CLIENT (SELLER):
Hamilton Partners
BUYER:
Exeter Property Group
SIZE:
200,000
CLOSING DATE:
February 2020
I-94 LOGISTICS PORTFOLIO
CHICAGO/WISCONSIN
CLIENT (SELLER):
Centerpoint Properties
BUYER:
LINK Industrial
SIZE:
5,939,505 SF
CLOSING DATE:
February 2020
7325 JANES AVE
WOODRIDGE, IL
CLIENT (SELLER):
Peerless
BUYER:
Missner Group
SIZE:
44,096 SF
CLOSING DATE:
February 2020
1717 HARVESTER
WEST CHICAGO, IL
CLIENT (SELLER):
LINK Industrial
BUYER:
Plymouth REIT
SIZE:
465,940 SF
CLOSING DATE:
January 2020
Results, you say? Let us explain.
In The Last
Decade
- Responsible for the disposition of most of the large industrial properties throughout Chicago
- Sold over $4.5 billion of industrial product
- Completed approximately $700 million in structured equity and joint venture financing
- Consistently achieved the lowest cap rates in the Chicago marketplace.
In The Last
5 Years
- Closed 102 transactions with a value in excess of $2.8 billion
- Volume nearly doubling our nearest competitor
- Represented over 54% of the Chicago industrial sales over $10 million
- Most dominant industrial investment sales team in Chicago
Last Year
- Sole advisor on 19 industrial investment sales and 1 structured equity financing transaction, totaling nearly 11.1 million square feet with a value in excess of $645 million
- Captured 52% of the sales volume among transactions over $5 million that were handled by investment sale brokers. The next closest competitor handled only 22%
Honors Received
NAIOP Industrial Investment Transaction of the Year Recipient
Investment Broker of the Year award at the Annual Greater Chicago Food Depository Benefit
CoStar’s power broker
listed as top salesbrokers
Recognition as one of the top ten most active investment brokerage teams in the nation
Connect with us
We look foward to talking with you about your project or simply to ask a question.