WareSpace snags Downers Grove warehouse for $7.24M ($100psf) as micro-bay operator eyes metro expansion

Industrial

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Chicago Business Journal

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• Subcategory: Co-Work, Sale

• Tag: Industrial: Co-Warehouse | Industrial: Small-Shallow-Bay

• Additional Filters-Subcategory: Sale: Investment, Sale: Owner/User

• Additional Filters-Tags: Marcus & Millichap (NYSE: MMI), WareSpace

Highlights
WareSpace acquired a 72,000-square-foot Downers Grove warehouse to lease to small businesses.
The Maryland-based firm will renovate the property to accommodate more than 80 tenants.
WareSpace plans to open several additional Chicago-area locations over the next few years.

WareSpace

Jeff Jenkins | Director, Acquisitions

[email protected]

301-769-7497