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Huge Tenneco Auto Parts Plant Near Chicago Sells for $53 Million

Oak Street Real Estate Capital, Known for Sale-Leaseback Deals, Buys 1 Million-Square-Foot Building in Skokie
Oak Street Real Estate Capital has paid more than $53 million for a Tenneco auto parts plant at 7450 McCormick Blvd. in Skokie, Illinois. (CoStar)
Oak Street Real Estate Capital has paid more than $53 million for a Tenneco auto parts plant at 7450 McCormick Blvd. in Skokie, Illinois. (CoStar)
CoStar News
December 21, 2022 | 8:24 P.M.

Auto parts manufacturer Tenneco has sold a 1 million-square-foot plant near Chicago for more than $53 million to Oak Street Real Estate Capital, a firm known for structuring sale-leaseback deals with companies looking to free up cash.

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