CenterPoint Properties Announces Long-Term Lease on 303,061 SF at CenterPoint Intermodal Center – Joliet, IL
Posted By Staff Writers On May 29, 2015 @ 7:57 pm
OAK BROOK, IL – CenterPoint Properties is proud to announce it has signed a long-term lease with International Transload Logistics Inc. (ITL) for 3801 CenterPoint Way, Joliet, Illinois within the CenterPoint Intermodal Center (CIC). ITL will lease 303,061 SF of the 485,476 SF facility through 2022. John Cash and David Haigh of NAI Hiffman represented ITL in the transaction; CenterPoint was represented by Dan Leahy and Adam Roth of NAI Hiffman.
“The Joliet location offers the connectivity and flexibility our company needs to best serve our diverse client base,” said John Roetter, one of the founders of ITL. “Having worked with us for a number of years, CenterPoint was able to understand our current and future business needs, and help pursue a strategy to accommodate them.”
International Transload Logistics, Inc., which specializes in domestic and international logistics and full service warehousing, has been a CenterPoint tenant since 2010, and will relocate its current facilities at the CIC – Elwood to the larger, available space at CIC-Joliet.
The state-of-the-art building is located in the heart of the park, less than one mile from the Union Pacific Joliet Intermodal Terminal, and offers immediate access to I-55 and I-80. The facility includes 42 dock doors (expandable), 97 truck parking positions, and dual access onto CIC-Joliet’s private road. ITL’s new lease will begin in July 2015.
“CenterPoint is pleased to work with ITL again to lease this strategically located space. We believe this new location will play a vital role in helping ITL sustain its competitive edge and expand its operations this year and beyond,” said Brian McKiernan, Senior Vice President of Development at CenterPoint Properties.
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 57.3 million square feet and 4,500 acres under development in the company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit www.centerpoint.com or follow @centerpointprop on Twitter.
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