Panattoni Completes Build, Finalizes Sale of 356k SF Aurora Warehouse for $46M to Ares

1/21/2025

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Connect CRE

• Subcategory: Industrial: Warehouse

• Tag: Opening | Sale

• Additional Filters-Tags: Sale: Investment, Sale: Net Lease, Sale: Single Property

• Company: Ares Management Corp (NYSE: ARES), Panattoni

Panattoni Development Company announced the completion and sale of a 356,462-square-foot Class A industrial warehouse at 2200 Sullivan Road in Aurora, Illinois. The property was sold to Ares for $46.34 million.

Panattoni

Jason Rosenberg | Partner, Development-Chicago

[email protected]

847-292-4510

Ares Management Corp (NYSE: ARES)

Jay Glaubach | Partner, Co-Head of U.S. Investments

[email protected]

310-201-4100