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Silver Creek Development Sells 2 MSF Industrial Facility in Illinois to Michelin North America for $151M

Summary by REBusinessOnline
WILMINGTON, ILL. — Silver Creek Development has sold a 2 million-square-foot industrial facility and adjacent land parcel to Michelin North America for $151 million. Located at 29900 S. Graaskamp Blvd. in Wilmington, about 60 miles southwest of downtown Chicago, the regional distribution property sits on a 91-acre site and is fully occupied by Michelin North America. The company uses the property to house inventory serving dealers and automakers…
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REBusinessOnline broke the news on Monday, October 19, 2026.
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