Clarion Partners Acquisition of Northpoint Cold Storage, Chicago, IL

Shorewood, Illinois, United States

Clarion Partners acquired Northpoint Cold Storage, a modern industrial cold storage facility located in Chicago, IL, designed to serve the region’s robust food and logistics sector. The property features advanced temperature-controlled warehousing, high clear heights, and extensive dock capacity, supporting efficient distribution for major food producers and distributors. Its strategic location near key transportation corridors and proximity to O’Hare International Airport enhances its appeal for regional and national supply chain operations. Currently, the asset is positioned as a premier cold storage solution in the Chicago market, benefiting from strong demand and low vacancy rates.