CenterPoint Joliet Speculative Building 100 Percent Leased
Posted By Staff Writers On March 14, 2018 @ 9:04 am
OAK BROOK, IL – CenterPoint Properties is proud to announce its recently completed 751,622 SF speculative facility at 3900 Brandon Road, Joliet, Illinois is fully leased. Located in the CenterPoint Intermodal Center- Joliet/Elwood, this building is leased to the world’s largest home improvement retailer and a global engineering, repair and logistics company.
“These leases solidify our on-going zero percent vacancy in CIC-Joliet/Elwood,” said Brian McKiernan, Senior Vice President of Development at CenterPoint. “We are thrilled to help two valued tenants expand their footprint in the Midwest.”
The home improvement retailer signed a 15-year, 6-month lease for 250,309 SF of the facility. Features include 3,600 SF of office, 36’ clear heights, 28 dock doors, 64 car parking positions and 629 trailer stalls. CenterPoint will also construct new trailer parking – 591 stalls – for this tenant on an additional 29.74 acres.
The global engineering, repair and logistics company signed a 63-month lease for 501,313 SF of the facility. Features include 21,560 SF of office, 36’ clear heights, 67 dock doors, 460 car parking positions and 68 trailer stalls.
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The Company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 59 Million SF and 2,342 acres under development in the Company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit centerpoint.com or follow @centerpointprop on Twitter.