As record amounts of money flow into massive warehouses leased to name-brand tenants such as online retailer Amazon, smaller and older industrial buildings also are attracting attention from investors looking to capitalize on a shortage of space.
Warehouse Feeding Frenzy Pushes Some Investors to Older, Smaller Buildings
Case in Point: Unilev Capital Paid $32.5 Million for a Six-Building, Multi-Tenant Portfolio Near Chicago
By Ryan Ori
CoStar NewsMay 3, 2022 | 9:32 P.M.
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IN THIS ARTICLE
- Properties
- Oakton Plaza II
6200 Oakton St, Morton Grove, IL
- Lehigh Plaza
8210 Lehigh Ave, Morton Grove, IL
- Park Plaza
6201 Park Ave, Morton Grove, IL
- Oakton III
6160 Oakton St, Morton Grove, IL
- Oakton Plaza I
6300 Oakton St, Morton Grove, IL
- Companies
- Unilev Capital Corp.
Real Estate
- JDI Realty
Finance and Insurance