Michelin North America Buys Michelin super regional distribution facility in Chicago

Reported Oct 14, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Michelin North America (owner-occupier)
Seller
Silver Creek Development / GFH Partners
Price
$151M
Size
About 2M SF
Price per SF
$76 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
Will County / I-55 / I-80
Metro
Chicagoland
Reported date
Oct 14, 2026

Summary

Michelin super regional distribution facility is an industrial sale in Will County / I-55 / I-80, Chicagoland. Other details we have: buyer Michelin North America (owner-occupier); seller Silver Creek Development / GFH Partners; price $151M; size about 2M SF. Bisnow reports: “The tire titan picked up the property at 29900 S. Graaskamp Blvd. in Wilmington from a partnership between Silver Creek Development and GFH Partners.” Bisnow reports: “Michelin North America acquired its longstanding super regional distribution facility for $151M in a major industrial deal in the Chicago suburbs.”

Quoted from the article; the other facts come from our own deal listing.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Seller
    The tire titan picked up the property at 29900 S. Graaskamp Blvd. in Wilmington from a partnership between Silver Creek Development and GFH Partners.
  • Deal / Price / Buyer
    Michelin North America acquired its longstanding super regional distribution facility for $151M in a major industrial deal in the Chicago suburbs.

Article date: 2026-10-14T14:18:51-04:00

Quick answers

Who bought Michelin super regional distribution facility?
Michelin North America bought Michelin super regional distribution facility in Will County / I-55 / I-80, Chicago, according to Bisnow.
How much did Michelin super regional distribution facility sell for?
The reported price is $151M ($76 per SF, our calculation), per Bisnow.
How big is Michelin super regional distribution facility?
About 2M SF, as listed from the source.
When was this sale reported?
Reported Oct 14, 2026 by Bisnow.

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