
The Midwest buy box
Strata US is actively acquiring in the Chicago suburbs. If you're a broker or owner with an asset that fits below, send it over — we underwrite quickly and respond within two business days.
Buy below replacement cost. Lease to essential services. Refinance on stabilized income.
Strip retail & light industrial
- Size
- 20,000 – 90,000 SF
- Price
- $2M – $8M
- Occupancy
- 40 – 90% leased at close — vacancy we can fix
- Condition
- Value-add: deferred maintenance, dark bays, below-market rents
Chicago suburbs
- Counties
- Lake, DuPage, Kane and suburban Cook
- Corridors
- I-94, I-88, I-90 — 30 to 60 minutes from O'Hare
- Trade area
- Established neighborhood with daily-needs traffic; regional draw a plus
Essential services
- Prefer
- Medical, dental & orthodontic, veterinary, fitness, quick-service dining, neighborhood services
- Why
- Appointment-driven, recession-resistant, heavy tenant buildout — long leases, low turnover
- Leases
- New leases written NNN
Sponsor co-invest
- Equity
- Sponsor co-invests alongside capital partners
- Debt
- Regional lenders; refinance on stabilized NOI
- Entity
- Operated through Strata REI LLC
- Speed
- Off-market and lightly marketed deals welcome; quick, honest feedback
Eleven years of building, block by block
Since 2014, the Strata platform has developed and acquired build-to-suit and value-add commercial real estate across two countries — the foundation the Midwest expansion is built on.
Pinewood Crossing, Gurnee IL
A 31,800 SF strip retail center in Lake County's Gurnee Mills corridor — acquired below replacement cost, taken from 87% to 100% leased, and re-appraised $1.85M higher since acquisition.

Anchored by Golden Corral & Prairie Orthodontics
Thirty minutes from O'Hare, directly off I-94, next to Gurnee Mills and Six Flags Great America. Repositioned and fully leased by the Strata US team.
Two countries, one platform
Strata's development experience across Colombia funds the underwriting discipline now being applied to Chicagoland acquisitions.
United States
The U.S. platform is anchored in the Chicago suburbs, with an initial foothold in South Florida. Pinewood Crossing in Gurnee, IL is the flagship acquisition leading the Midwest push.
FLORIDA — Miami-Dade County
Colombia
Eleven years of build-to-suit and value-add development for national retail, health, education and recreation tenants across Colombia's major metros.
and 8 additional states


