Realterm Acquires 9655 Industrial Drive IOS Facility in Bridgeview, Illinois
ANNAPOLIS, Md. — Realterm Global, an independent global investment manager focused on transportation-related real estate, announced May 8, 2026 the acquisition of 9655 Industrial Drive, an industrial outdoor storage (IOS) maintenance facility in Bridgeview, Illinois, located within Chicago's southwest suburban industrial corridor.
The property sits on a 3.9-acre site and comprises 28,985 square feet, including a maintenance facility with 10 oversized drive-in doors and a 6,000-square-foot office component. The site is fully secured with two points of ingress and egress. The facility is fully leased to Carrier Corporation, a subsidiary of a global HVAC and refrigeration solutions provider, on a long-term basis.
Strategic Rationale
Realterm cited Chicago's constrained supply of properly zoned, in-fill developable land as a primary driver of the transaction, noting that such conditions create meaningful barriers to entry in the industrial real estate sector.
"The Chicago industrial market possesses a limited supply of properly zoned, in-fill developable land sites, creating significant barriers to entry," said Ed Brickley, Managing Director and Senior Fund Manager at Realterm. "These supply constraints coupled with the region's extensive transportation infrastructure provide the exact fundamentals we seek when evaluating investment opportunities."
Gianni Vissat, Vice President of Investments for the Central Region at Realterm, pointed to the property's physical and operational characteristics as central to the investment thesis.
"This acquisition reflects exactly what we look for in an asset: a highway adjacent, functional maintenance facility with low site coverage and a fully secured and lit parking lot," Vissat said. "9655 Industrial Drive delivers all of that, and Carrier's long-term tenancy validates the location's operational appeal."
Location and Infrastructure
The Bridgeview property offers direct access to major highway infrastructure serving the Chicago metropolitan area, providing connectivity to regional and national distribution networks. O'Hare International Airport, one of the world's busiest air cargo hubs, is accessible in under 30 minutes from the site.
Transaction Details
Matt Knafel of KWILL Real Estate represented Realterm in the transaction. Financial terms of the acquisition, including the purchase price, capitalization rate, and financing details, were not disclosed.
The firm is headquartered in Annapolis, Maryland, and focuses on real estate assets serving the transportation and logistics industries.
About Realterm
Realterm is an independent global investment manager specializing in real estate assets tied to the transportation industry, including industrial outdoor storage facilities and logistics-oriented properties.
Source: Realterm press release, May 8, 2026 (realterm.com).