High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Downtown  + Industrial  | 

JLL Selected as Advisor for A123 Systems’ New Manufacturing Facility

JLL has been appointed as the real estate advisor for A123 Systems’ planned U.S. manufacturing facility, which will be the company’s third North American location. A123 Systems develops and manufactures lithium iron phosphate batteries and energy storage systems.

JLL will support A123 Systems in identifying and securing a real estate solution that expands its North American footprint, including facilities in Novi, Michigan and Waltham, Massachusetts. The JLL team will also assist A123 Systems in selecting, negotiating and documenting the transaction, ensuring the new facility aligns with the company’s long-term operational goals and growth strategy.

“The addition of a new U.S. manufacturing facility reflects our commitment to supporting our customers and meeting the growing market demand for clean energy solutions,” said Dr. Fanqun Li, General Manager of A123 Systems. “Partnering with JLL, whose proven expertise in real estate strategy will be instrumental, ensures we identify the ideal location to support our North American supplier base and workforce.”

Read More News Stories About: JLL
Connect

Inside The Story

JLL

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.