Midwest Net Lease Industrial Portfolio_Actifs en vente

Various locations

Midwest Net Lease Industrial Portfolio

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been exclusively retained to offer qualified investors the opportunity to purchase five fully-occupied industrial properties (the “Portfolio”), which serve as mission-critical facilities to each tenant’s business operations. The Portfolio includes a total of 557,038 square feet of rentable area, with a weighted average remaining lease term of 5.9 years. The Portfolio offers geographic diversity, with properties located in five cities, across five states throughout the Midwest.

The Portfolio offers investors the unique opportunity to acquire triple-net-leased industrial real estate assets with stable and increasing, long-term income from a diversified group of tenants. The assets offer a secure cash flow stream from tenants with a high probability of renewal due to the mission-critical nature of each location, as well as accretive and contractual rent escalations.

...

Caractéristiques de l'actif

Surface de l'actif Net

51 751 m²

Occupation

100 %

WALT

5.9 années

Nombre d'immeubles

Locataires

Midwest Net Lease Industrial Portfolio (5 actifs)

Média

Points clés d'investissement

STRATEGIC MIDWEST LOCATION

Portfolio in thriving markets with record-low vacancy: Minneapolis (4.5%), Chicago (4.9%), overall Midwest (5.4%)
Strong absorption of 10.7M SF in Q1 2025 continues positive trajectory since 2022

FULLY LEASED WITH STABLE INCOME

100% occupancy with 5.9-year WALT provides immediate stable income
Mission-critical facilities enhance retention in high-demand market

EXCEPTIONAL RENT GROWTH UPSIDE

In-place rents ($5.03 PSF) vs. market rates ($7.14 PSF) presents substantial mark-to-market opportunity
Premium submarkets commanding $9.44 PSF (Minneapolis) and $8.58 PSF (Chicago)

MODERN SPECIFICATIONS

557,038 SF portfolio with 14'-32' clear heights commands 14.3% rent premium
Strategic configurations support essential distribution and manufacturing operations

INVESTMENT-GRADE TENANCY

Credit tenants (Walmart, AT&T, Tesla) represent 68% of NOI
Mission-critical operations mirror high regional pre-leasing trends

SUPPLY CONSTRAINED ENVIRONMENT

Disciplined new construction (38.8M SF, 68.3% pre-leased) ensures continued rent growth
Demand consistently outpacing new deliveries

DIVERSE INDUSTRY EXPOSURE

Balanced tenant mix across manufacturing, automotive, retail, telecom, and construction sectors
Mirrors strong regional leasing (44.2M SF in Q1 2025, 60.7% new leases)