JLL, a leading real estate firm, has successfully represented Link Logistics in their acquisition of a 28,032-square-foot industrial warehouse facility located in the O’Hare submarket. The property is situated at 2710 United Lane in Elk Grove Village, Illinois.
Senior Managing Director Dominic Carbonari and Executive Vice President Kate Coxworth from JLL expertly handled the sale and are currently overseeing the leasing process for this facility. With its prime location and top-notch features such as a two-year-old Class A warehouse with a clear height of 24 feet and ample trailer parking spaces (over 80), this property was an ideal investment for Link Logistics.
The site also boasts convenient amenities like exterior docking positions with heavy-duty levelers capable of supporting up to 40,000 pounds each. Additionally, there is plenty of parking available for employees and visitors alike. “This facility’s strategic location offers excellent access to not just Chicago but also national transportation networks via railroads, highways,and airports,” stated Carbonari confidently.
According to JLL’s Q1 Industrial Outlook Report for2024 , there has been an increase in demand from construction companies as well as building material industries seeking warehouse space within the Chicago market.This sector accounted for nearly one-fifth (18%)of all industrial leasing activity during Q1of2024 .
This recent transaction by JLL on behalf of Link Logistics marks another successful venture towards expanding their portfolio while meeting growing market demands.The article originally appeared on Connect CRE website.
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