2340 Kenyon Road

Deal Type: Acquisition

Risk Profiles: Core Plus

Property Types: Industrial

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EXECUTIVE SUMMARY

Cushman & Wakefield has been retained as the exclusive advisor to ownership in the sale of 2340 Kenyon Road (the “Property”) in Bartlett, IL. The 100,560-square-foot Class A facility is 100% leased to  Oxerra Americas, Inc.

 

Oxerra built the Property in 2020 as a build-to-suit U.S. headquarters for its Midwestern operations. Oxerra is one of the world’s largest manufacturers of iron oxide pigments, with locations across the U.S., China, Europe, Australia, and Africa. The company executed a 10-year sale leaseback in 2021 and currently has 4.7 years of term remaining.

 

The Property is located within Blue Heron Business Park in the Northern Fox Valley submarket of Chicago. The location benefits from a strong surrounding workforce, proximity to major state highways, and favorable Kane County taxes.

 

The offering presents an opportunity to acquire an institutional-quality, highly functional Class A facility that is fully leased to a global manufacturer using the Property as its U.S. headquarters.

INVESTMENT HIGHLIGHTS

  • Class A Asset with Flexibility
  • Industrial Park Setting in Kane County
  • Best In-Class Specifications
  • Build-to-Suit U.S. Headquarters
  • Strong Market Fundamentals - Chicago/Northern Fox Valley

OFFERING AT A GLANCE

CONTACTS

 

DAN COONEY
Associate
+1 312 995 5163
dan.cooney@cushwake.com

 

MIKE TENTERIS
Vice Chair
+1 312 470 3832
michael.tenteris@cushwake.com

 

 

ADAM TYLER
Vice Chair
+1 312 470 1840
adam.tyler@cushwake.com
 

 

JIM CARPENTER

Vice Chair
+1 847 400 6484
jim.carpenter@cushwake.com

 

 

MEGAN BARKER

Director
+1 312 424 8202
megan.barker@cushwake.com

 

 

JEFF ALTENAU
Vice Chair
+1 312 470 2355
jeff.altenau@cushwake.com

ZACH YARNOFF

Managing Director
+1 312 424 8205
zach.yarnoff@cushwake.com

DOUG PILCHER
Executive Director
+1 847 518 3285
doug.pilcher@cushwake.com