Chicago-Baltimore Two-Pack

Jones Lang LaSalle (“JLL”) has been exclusively retained to market for sale the fee-simple interest in the Chicago-Baltimore Two-Pack, a 483,578 square foot, two-building portfolio located in Matteson, IL and Baltimore, MD (the “Portfolio”, the "Properties" or the “Offering”). The Properties can be purchased as a portfolio or individually. 100% leased to five distinctive tenants with operational ties to each location, the Properties are strategically positioned with immediate interstate access, offering convenient reach to both the Midwest and Mid-Atlantic regions. The Chicago-Baltimore Two-Pack presents an opportunity to acquire two functional industrial assets in sub-4.5% vacancy submarkets with prime national accessibility and diverse demand drivers.

The Offering boasts recently improved industrial assets with abundant trailer parking and excess outdoor storage, two increasingly important demand drivers for regional and national occupiers today with the emergence of e-commerce and re-shoring around the country. Additionally, at 100% occupancy and less than 4 years of WALT, the Portfolio presents investors with the opportunity to purchase an assured, growing cash-flow with near-term yield upside through an estimated 19.5% mark-to-market opportunity. With exposure to two premier industrial markets and diverse demand drivers through the Midwest's vast intermodal hub and the Port of Baltimore, investors in the Chicago-Baltimore Two-Pack can acquire functional industrial assets at an attractive basis with material yield upside potential.