Newly Built, Fully Leased Property Offers Strategic Access to Major Midwest Transportation Network
September 23, 2026
CHICAGO – Transwestern Investments announces it has acquired 320 Overland Drive, a 408,176-square-foot industrial facility in Chicago’s I-88 Corridor, on behalf of a separate account.
Built in 2023, the fully leased property is situated on 26.79 acres and features a cross-dock configuration, 36-foot clear heights, 55 dock doors with the ability to expand to 86, four drive-in doors, and dedicated car and trailer parking.
“320 Overland Drive represents an opportunity to acquire a modern, highly functional industrial asset in one of Chicago’s established distribution corridors,” said Andy Norman, Director of Acquisitions at Transwestern Investments. “The building’s functionality, access to a deep labor pool and proximity to critical transportation infrastructure are consistent with the fundamentals we look for when investing in high-quality industrial assets across key Midwest markets.”
Located 1.7 miles from Interstate 88, the property provides connectivity to I-355, I-294, O’Hare International Airport, downtown Chicago and the broader Midwest transportation network. According to Transwestern Research, the I-88 Corridor is currently 94% occupied and has maintained an average occupancy of approximately 95% over the past 15 years.
Transwestern Services has been retained to provide property management services.
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About Transwestern
Transwestern is a vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. We own, lease and operate $64 billion1 in assets. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, sports & entertainment and life sciences. Across 35 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance. Learn more at transwestern.com.
1Includes all Transwestern enterprise assets and its RAUM as of April 1, 2026.
This document does not constitute an offer, solicitation or recommendation to sell or an offer to buy any securities, investment products or investment advisory services. Any offer or solicitation will be made only pursuant to a confidential private placement memorandum and subscription documents (the “Offering Materials”) and will be subject to the terms and conditions contained in such Offering Materials.
Media Contact:
Montgomery Angel
(346) 232.8625
Montgomery.angel@transwestern.com
twmediarelations@transwestern.com
