Dayton Street Makes Logistics Buy on Chicago’s South Side
Chicago-based Dayton Street Partners has acquired a 7.81-acre site with multiple high flow-through buildings totaling 66,154 square feet at 2217 S. Loomis St. on Chicago’s South Side. The seller was Southfield Corporation.
2217 S. Loomis St. is unique in that two of the buildings provide full pull-through access via grade level overhead doors on a 100% concrete-covered and secured site. The property also features a separate office/showroom and a truck scale.
Dayton Street expects interest from users requiring direct access to Chicago’s high-density neighborhoods. Given the property’s 19% site coverage, the company also expects to attract users requiring significant trailer/van/fleet parking and/or outdoor storage.
“This was a great opportunity to capitalize on increasing demand in the market and is part of a larger corporate strategy to invest in well-located, logistics-related real estate assets in Chicago and across the U.S.,” said Howard Wedren, Dayton Street founder and managing principal.
- ◦Acquisition
