Lake County Light Industrial Portfolio

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to market for sale the fee simple interest in the Lake County Light Industrial Portfolio (the “Properties”, the “Portfolio”, or the “Offering”), a collection of seven light industrial assets totaling 608,929 square feet. The Portfolio is 100% leased to an established and diverse tenant base, featuring a weighted average lease term of 3.5 years and average tenant tenure above five years. The Lake County Light Industrial Portfolio offers investors an irreplaceable foothold in one of Chicago’s top-performing submarkets, supporting long-term growth through in-place cash flows and the ability to harvest value as rents continue to reset to market.

The Portfolio’s 100% concentration in the Lake County submarket offers investors product scale in a sub-5% vacant industrial submarket that is supported by a muted development pipeline and resilient tenant demand. Corporations have sought out Lake County industrial facilities due to its proximity to executive housing and globally significant life sciences firms, proximity to two major Midwest cities and its transportation infrastructure, and lower overall operational costs when compared to similar Cook County markets. The submarket delivered less than 300,000 square feet of industrial product in 2025 and lacks a robust development pipeline, indicating continued low vacancy rates and rising market rents.