Chicago’s North Shore Flagship Tesla Sales Center Sells

 JLL brokered the sale of Chicago’s flagship Tesla Sales, Service and Delivery Center at 1000 Skokie Blvd in Northbrook, Illinois, a newly developed build-to-suit facility for Tesla.

JLL worked on behalf of the seller, a joint venture between Focus and Fort Union, in the sale to Kingsbarn Realty Capital. The JLL Investment Sales and Advisory team was led by Senior Managing Director, Corporate Capital Markets & Single Tenant Net Lease Platform leader Alex Sharrin and Josh Katlin. Marcus & Millichap’s Andrew Antoniou and Dominic Sulo represented the buyer, Kingsbarn Realty Capital.

The 47,997-square-foot property is Tesla’s only custom built-to-suit sales, service and delivery center in the Chicagoland area. Designed to support several Tesla flagship retail showrooms throughout Chicago’s northern suburbs, the Northbrook facility provides new vehicle delivery, vehicle preparation and maintenance services.

“This transaction highlights the strong investor demand for high-quality, single-tenant net-leased assets in prime locations,” said Sharrin. “The combination of Tesla’s long-term commitment to the property and Northbrook’s affluent demographics made this an attractive investment opportunity.”