Windy City Industrial Portfolio

Jones Lang LaSalle Americas, Inc. ("JLL") has been exclusively retained to market for sale the fee simple interest in the Windy City Industrial Portfolio (the "Portfolio", or the "Offering"), a collection of three industrial assets totaling 556,198 square feet throughout the Chicago MSA. 100% leased to three sticky tenants with 12.6 years weighted average tenure and 7.0 years WALT, this single-tenant Portfolio offers investors infill Chicago industrial product at scale, backed by a stable, growing cash flow with bolt-down users. Additionally, future ownership will have runway to meaningfully enhance yields throughout a hold period by marking in-place rents to market upon rollover with no fixed-rate renewal options.

The Portfolio is strategically located within three of Chicago’s most desirable submarkets: North DuPage (500 Regency Dr.), O’Hare (2401-2501 Lunt Ave.), and Northwest Cook County (900 W. University Dr.). Each location offers unique demand drivers and direct access to critical transportation infrastructure and labor pools, supporting tenant operations and resulting in persistent tenant demand and tenure. These three submarkets feature a combined weighted average vacancy of just 4.0%, well below the broader market average, and the scarcity of available infill land will continue to exert downward pressure on vacancy rates. Having been institutionally owned for over a decade, the Offering allows investors to acquire functional, infill industrial assets with a manageable average building footprint of 185,000 square feet in one of the nation’s most fundamentally robust industrial markets.