The acquisition advances Stotan’s strategy of acquiring well-located industrial properties in infill markets
CHICAGO, IL – August 24, 2026 – Stotan Industrial (“Stotan”), in partnership with 56 Maple, announced the acquisition of 1101 W. Thorndale Avenue in Itasca, Illinois, a 32,937 square foot industrial facility located in Chicago’s supply constrained O’Hare submarket.
Stotan sourced the opportunity through its longstanding relationships in the Chicago industrial market as the owner-user prepared to transition out of the facility. Working with the ownership, tenant and brokerage teams, Stotan coordinated the acquisition with a new long-term lease executed prior to closing.
Situated on 2.47 acres in DuPage County, the property offers immediate access to Illinois Route 390, Interstate 290 and Interstate 355. The facility is also approximately 15 minutes from O’Hare International Airport and its South Cargo facilities.
“1101 W. Thorndale presented a compelling opportunity to acquire a high-quality industrial asset in one of Chicago’s premier infill markets while providing a long-term facility solution for a growing tenant,” said Blake Waeghe, Development Manager at Stotan. “Buildings of this size and quality are increasingly difficult to acquire in the O’Hare market, particularly in locations offering this level of access and connectivity.”
The acquisition reflects Stotan’s continued focus on acquiring industrial properties throughout Chicago’s infill submarkets. The firm is actively pursuing standalone and multi-tenant assets with strong transportation access and durable tenant demand.
Eric Fischer and Gabriel Strauss of Cushman & Wakefield represented the seller in the transaction.
About Stotan
Founded in 2021, Stotan Industrial is a national industrial real estate development and acquisition firm headquartered in Chicago, with regional offices in Charlotte, NC, and El Segundo, CA. The firm targets high-conviction industrial markets across the U.S., drawing on relationship-driven access, market insight, technical expertise, and disciplined execution to navigate complex opportunities and deliver industrial assets in markets supported by durable demand drivers.
For more information, please visit stotanindustrial.com
About 56 Maple
56 Maple is a Chicago- and Los Angeles-based investment group focused on real estate and private equity. The firm brings extensive experience in real estate investment, ownership, asset management and operations. Through a flexible and collaborative investment approach, 56 Maple invests across a diverse portfolio of assets, operating companies and strategic partnerships.
For additional information, visit 56maple.com
