
Gateway Park
2850 W Columbus Ave, Chicago, IL, 60652-1620, US
61,490 sm
JLL is pleased to exclusively present for sale the Weber Packaging Solutions Sale-Leaseback — a compelling opportunity to invest in a well-located asset within the Chicago industrial market (the “Property”). Located at 711 W Algonquin Rd in Arlington Heights, IL, the Property is a mission-critical, 271,203 SF manufacturing and warehouse facility and is the cornerstone of Weber Packaging Solutions Inc. ("Weber", "Company“, "Tenant“ or the “Guarantor”) operations.
The Property features an excellent industrial location with immediate access to I-90 and proximity to O'Hare International Airport, offering the logistics trifecta of highway, rail, and air connectivity. Originally constructed in 1967 and expanded in 1979 and 1989, this facility has been instrumental in the growth and success of Weber. Since its founding in 1932, the Company has a 90+ year successful history as a family-founded packaging and labels company providing a full suite of packaging consumables and label applicators across the U.S., Canada, UK and Ireland (collectively, the "Consolidated Business"). Additionally, Weber Packaging Solutions, Inc. owns strategic joint venture interests in Weber’s businesses across Europe and Thailand (collectively, the "JV Business").
Upon closing, Weber will commit to a 15-year initial lease term with an absolute triple-net structure and annual 2.75% rent escalations, offering investors a predictable, growing cash flow backed by decades of proven operational stability. This isn't just a real estate investment; it's a partnership with industrial reliability.