Posted By Staff Writers On December 19, 2014 @ 11:56 pm

OAK BROOK, IL – Today, CenterPoint Properties announced the disposition of 16951 State Street, South Holland, Illinois to Greenix, LLC. The property, located 21 miles south of Chicago, is situated on 9 acres with a 20,300 SF industrial truck/bus dispatch facility on site. Kip Hennelly of Patrick Commercial Real Estate represented Greenix in the sale.

The industrial truck/bus dispatch facility features close proximity to the Canadian National Harvey-Markham Intermodal yard, a 2,300 SF office, 17 drive-in doors and parking for 212 cars and 215 trailers.

“The disposition of the 16951 State Street property is aligned with the advancement of CenterPoint’s strategy to dispose of assets that lack a multi-modal advantage,” said Nate Rexroth, Executive Vice President of CenterPoint. “We are confident that the property will serve Greenix in their pursuit to expand their business operations in a key location with direct access to downtown Chicago.”

CenterPoint is one of the leading owner/operators of industrial real estate property, consisting of 20.34 Million SF and 3,537 acres in the Chicagoland area.

About CenterPoint Properties

CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 45.5 million square feet and 6,000 acres under development in the company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit or follow @centerpointprop on Twitter.

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