CenterPoint Properties Signs Five-Year Lease with Communication Test Design at CIC-Joliet
Posted By Staff Writers On March 8, 2017 @ 12:23 pm
OAK BROOK, IL – CenterPoint Properties is proud to announce a long-term lease with Communication Test Design, Inc. (CTDI) at the CenterPoint Intermodal Center – Joliet, Ill. CTDI is leasing 501,313 SF of the total 751,769 SF facility until 2022.
Communications Test Design, Inc., headquartered in West Chester, Pa., is a provider of services to the telecommunications and automotive industries and boasts customers in North and South America, Asia and Europe. CTDI’s lease at CIC-Joliet is tied to a Comcast contract for which CTDI provides Comcast with forward and reverse logistics as well as reconditioning of its cable equipment.
“CenterPoint is committed to helping our clients achieve a competitive edge through strategically located, transportation-advantaged facilities,” said Brian McKiernan, Senior Vice President, Development of CenterPoint. “Given CTDI’s long-term contract with Comcast and need for enhanced logistics capabilities, the CenterPoint Intermodal Center in Joliet is the ideal site for the client.”
The speculative facility features 21,560 SF of office space, 36′ minimum clear height, 67 dock doors, two drive-in doors, 460 automotive parking spots and 68 trailer stalls. This site, adjacent to both the Union Pacific Joliet Intermodal Terminal (UP-JIT) and BNSF Logistics Park Chicago (BNSF LPC), offers the lowest drayage charges in the entire region.