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JLL Reps Link Logistics in Buying Elk Grove Warehouse
JLL has represented Link Logistics, a leading operator of last-mile logistics real estate, in the acquisition of a 28,032-square-foot industrial warehouse facility in the O’Hare submarket. The property is located at 2710 United Lane in Elk Grove Village, Illinois.
Dominic Carbonari, JLL Senior Managing Director, and Kate Coxworth, JLL Executive Vice President, represented Link Logistics in the sale and are leading the leasing of the facility. Link Logistics acquired the 4.6-acre site, which features a two-year-old Class A warehouse facility with a 24-foot clear height and over 80 trailer parking spaces.
The property also features 12 exterior docking positions with 40,000-pound levelers and parking for employees and guests. “This facility’s location provides superb access to the entire Chicago metropolitan area and links to the nation’s transportation infrastructure via rail, roads and airports,” said Carbonari.
JLL’s Q1 2024 JLL Industrial Outlook Report noted increased Chicago market demand by construction and building materials industries for warehouse space, with these industries capturing 18% of all Q1 2024 industrial leasing volume.
