According to costar.com, Stockbridge Capital has acquired a single-tenant industrial property at 1125 Remington Blvd. in Romeoville, Illinois, for $86.5 million.
Industrial Deal Activity Accelerates Near Chicago
The transaction reflects broader momentum in the Chicago-area industrial real estate market, where dealmaking has recently picked up pace. The property is fully leased to Amazon, which occupies the entire facility as its sole tenant. Located in Romeoville — a logistics-heavy suburb southwest of Chicago — the asset benefits from proximity to major interstate corridors and regional distribution networks. According to the report, the sale closed on September 14, 2026, underscoring continued investor appetite for mission-critical e-commerce infrastructure.
Transaction Details and Brokerage Team
Cushman & Wakefield represented the seller in the deal, with three Vice Chairs leading the advisory effort: Adam Tyler, Michael Tenteris, and Jim Carpenter. All three are listed in the source with the title Vice Chair, Cushman & Wakefield — with Carpenter additionally identified as Vice Chair, Cushman & Wakefield US, Inc.. The firm’s involvement signals the scale and strategic importance of the transaction within the U.S. industrial brokerage landscape. No other brokers or parties were cited in the source material.
Asset Specifications and Market Context
The warehouse sits on a site captured in a photograph labeled by Cushman & Wakefield, confirming Amazon’s exclusive occupancy. Though the source does not state square footage or building age, it emphasizes the asset’s functional role in Amazon’s fulfillment network. The $86.5 million price represents a definitive valuation point amid tightening capital conditions. The deal also coincides with reported upticks in industrial sales volume across the Midwest, though no aggregate regional figures or comparative metrics beyond this transaction are provided in the source.
Source: costar.com
Compiled from international media by the SCI.AI editorial team.