Documents
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Attributes
Year Built | 2020 |
Building Area Net |
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Land Area Net |
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Call for Offers | 2022-06-02 |
Asset Description
Jones Lang LaSalle (“JLL”), as exclusive advisor to Owner, is pleased to offer for sale the fee-simple interest in Executive Commerce Center (the “Property” or the “Offering"), a 151,677 square foot distribution facility located at 25 East Piper Lane in the Northwest Cook County submarket in Chicago, IL. The Property is 100% leased to Syncreon and Plitek, two privately held corporations with a 6.8-year WALT. Syncreon is a global 3PL servicing Samsung's 5G distribution from the Property while Plitek is a Chicago-based plastics and foam fabricator. Recently completed in 2020, Executive Commerce Center represents the opportunity to acquire a Class A facility in an irreplaceable infill logistics location.
Investment Highlights
Unparalleled Logistics Location
Class A New Construction
Complementary Rollover Schedule with Quality Tenancy
Ideal Composition for Submarket Demand