Thursday, September 10, 2020

TradeLane Properties acquires last mile industrial facility in Chicago

Photo from REJournals.com
By: REJournals.com | 9/9/2020

TradeLane Properties, through its Chicago-focused, value-add industrial platform, TradeLane Properties Fund I, has acquired 325 N. Ashland Avenue in Chicago, located in the Kinzie Industrial Corridor in the West Loop. This acquisition represents the sixth building that TradeLane has acquired in 2020. This stand-alone, two-story concrete loft warehouse totals 80,000 square feet and includes an additional 45-spot surface parking lot. As part of its investment strategy, TradeLane Properties will redevelop the facility to include a new window system, LED lighting, roof replacement, remodeled interior office and warehouse updates. Read More....

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