Glen Una Management Co. just joined the rush of investors looking to stake a claim in the O’Hare Airport submarket, one of the most active in the Chicago region’s industrial sector.
The San Francisco-based firm purchased a 182K SF industrial portfolio at 1900-2000 Carboy Drive in Mount Prospect, Illinois, just north of O’Hare, according to Avison Young officials who negotiated the sale. Tenants have leased 90% of the property.
“Investors continue to focus on the O’Hare industrial market, which has seen significant investment, leasing and development activity in recent years,” Avison Young principal Erik Foster said.
Along with his colleagues Mike Wilson, Chris Lydon and Chris Tecu, Foster…