Press Releases
Marcus & Millichap Brokers Sale of 32,001-Square-Foot Industrial Property in Volo, Ill.
March 03, 2026
VOLO, Ill., March 3, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 26735 W. Commerce Drive, a 32,001-square-foot multi-tenant industrial warehouse located in Volo, Illinois.
“We conducted numerous tours and received five competitive offers, ultimately securing a 1031 exchange buyer who recognized the long-term upside in Volo,” said Kellan Gilmartin, associate investments. “The property’s occupancy and functional features drove strong investor interest, as Lake County continues to be one of the most sought-after industrial markets due to low vacancy and high growth”
Gilmartin, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the Illinois-based seller.
The property is situated on 2.1 acres with convenient access to Routes 120, 60 and 12. The fully leased, 32,001-square-foot building is occupied by five tenants and features 22-foot clear height, two dock-high doors and five drive-in doors.
“We conducted numerous tours and received five competitive offers, ultimately securing a 1031 exchange buyer who recognized the long-term upside in Volo,” said Kellan Gilmartin, associate investments. “The property’s occupancy and functional features drove strong investor interest, as Lake County continues to be one of the most sought-after industrial markets due to low vacancy and high growth”
Gilmartin, investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the Illinois-based seller.
The property is situated on 2.1 acres with convenient access to Routes 120, 60 and 12. The fully leased, 32,001-square-foot building is occupied by five tenants and features 22-foot clear height, two dock-high doors and five drive-in doors.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
