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CushWake Represents Developer In Suburban Chicago Industrial Deals
Cushman & Wakefield represented real estate developer and general contractor Northern Builders in negotiating separate build-to-suit for sale agreements with Atlanta-based Agile Cold Storage and locally based Illinois Truck Group (ITG) at Cherry Hill Business Park in New Lenox and Joliet, Illinois.
Cushman & Wakefield’s Jason West, Sean Henrick and Ryan Klink represented Northern Builders. Noel Liston and Matt Lee of Core Industrial represented Agile Cold Storage, while Jeff Provenza and Todd Hendricks of Lee & Associates represented ITG. In both transactions, Northern Builders will serve as developer and general contractor.
Agile’s cold-storage facility will total 202,759 square feet on nearly 24 acres, with expansion capabilities for an additional 150,000 square feet. ITG will utilize its 33,180 square-foot build-to-suit as a truck maintenance and dealership facility.
Cherry Hill Business Park offers immediate access to I-80 and I-355, industrial zoning with exceptionally tall building permittance, high transmission power lines for heavy users, and direct, active rail service via the Canadian National Railroad.