TradeLane Properties has acquired a half-empty warehouse in Montgomery, Illinois, for $30.1 million, as part of the company’s ongoing expansion in the Chicago market. The Oakbrook Terrace-based industrial real estate company bought the 584,000-square-foot property at 2001 Baseline Road from Stag Industrial, reported the Chicago Business Journal. Cushman & Wakefield’s Mike Tenteris represented Stag Industrial in the deal. Built in 1974, the prope…
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