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At $125 Million, Industrial Sale Is Chicago Area’s Largest of Early 2024

Stonepeak Buys Warehouses Along Rail Intermodal Terminals From CenterPoint Properties
Stone Peak has paid $125 million for a logistics portfolio in Elwood, Illinois. (Stonepeak)
Stone Peak has paid $125 million for a logistics portfolio in Elwood, Illinois. (Stonepeak)
CoStar News
April 18, 2024 | 9:33 P.M.

A New York investor has paid $125 million for more than 1.7 million square feet of logistics space along major rail lines near Chicago in the largest industrial real estate sale of early 2024.

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