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First Logistics Takes 330K SF in Chicago at J.P. Morgan’s, MAT’s Marina Crossings

Marina Crossings Owner, LLC, secured its first tenant at 2075 W. 43rd Street, an infill industrial development in Chicago. First Logistics, an Illinois-based 3PL, will expand from its current facility in Alsip, IL to take immediate occupancy of 331,059 square feet.

The deal ranks as Chicago’s largest of 2018, and was executed at the city’s largest speculative industrial building since 1905. The state-of-the-art 633,057-square-foot industrial facility features 32-foot ceilings, cross docking, precast construction and ample car and trailer parking. Delivered in Q4 2018, the 35-acre property is rail served, and is off the I-55 Stevenson Expressway.

Midwest Commercial Real Estate’s Larry Hanley represented the tenant. Cushman & Wakefield’s Larry Goldwasser, Jason West, Colin Green, Matt Cowie and Michelle Maguire advised the landlord. The landlord is a joint venture between MAT Limited Partnership and institutional investors advised by J.P. Morgan Asset Management.

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Connect With J.P. Morgan Asset ManagementConnect With Midwest Commercial Real Estate’s HanleyConnect With Cushman & Wakefield’s Goldwasser

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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