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Bryan Cave Leighton Paisner has advised client TradeLane Properties on the recent acquisition of a 13-building light industrial portfolio in suburban Chicago. This transaction marks the largest single acquisition within the TradeLane Properties U.S. Industrial Fund II, L.P., a value-add investment fund focused on key Central U.S. logistics markets.

A team led by Partner Bryan Keyt, head of BCLP’s Energy, Environment & Infrastructure Practice Group, and Associates Nora Faris and Brad Copeland advised TradeLane on the environmental diligence and transactional terms of the deal.

TradeLane Properties is a privately held industrial real estate investment company headquartered in Oak Brook, Illinois. This acquisition brings TradeLane’s Chicago footprint to 27 properties totaling approximately 2.5 million square feet. The 13 new buildings were 100% leased at closing, with 18 diverse customers from the food packaging, printing, third-party logistics and e-commerce sectors.

The transaction is consistent with TradeLane Properties’ strategy of investing in select major Central U.S. logistics markets with opportunity to add value through in-house capabilities inclusive of dedicated accounting, construction and property management teams.

More information can be found on TradeLane’s deal press release.

This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.