PSP Partners Buys Heartland Corporate Center (757,880 SF) in Chicago

SaleIndustrialWill County / I-55 / I-80

Reported Oct 12, 2026 · Source: The Real Deal

Source: The Real DealRead the full report at The Real Deal ↗

Deal details

Buyer
PSP Partners
Seller
a venture of Clarion Partners and HSA Commercial Real Estate
Price
$88M
Size
757,880 SF
Price per SF
$116 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
Will County / I-55 / I-80
Metro
Chicago
Reported date
Oct 12, 2026

Summary

JB Pritzker’s sister Penny Pritzker, bought the Heartland Corporate Center for $88 million last week, records show. The sellers, a venture of New York-based Clarion Partners and Chicago-based HSA Commercial Real Estate developed the 757,880-square-foot warehouse facility at 21530–21540 SW Frontage Road in Shorewood in 2019. Source: The Real Deal.

Summarized from the article; the quoted lines below are from the article itself.

Source: The Real Deal

Read the full report at The Real Deal. What the article says:

  • Deal / Price
    JB Pritzker’s sister Penny Pritzker, bought the Heartland Corporate Center for $88 million last week, records show.
  • Size / Seller
    The sellers, a venture of New York-based Clarion Partners and Chicago-based HSA Commercial Real Estate developed the 757,880-square-foot warehouse facility at 21530–21540 SW Frontage Road in Shorewood in 2019.
  • Buyer
    PSP Partners, a Chicago-based real estate investment firm headed by Gov.

Article date: 2026-10-12T23:11:31+00:00

Frequently asked questions

Who bought Heartland Corporate Center?
PSP Partners bought Heartland Corporate Center in Will County / I-55 / I-80, Chicago, according to The Real Deal.
How much did Heartland Corporate Center sell for?
The reported price is $88M ($116 per SF, our calculation), per The Real Deal.
Who sold Heartland Corporate Center?
The seller was Clarion Partners, per The Real Deal.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.