Trumpet Pk DrZion, IL 60099
Clarius Trumpet Park
Asset ClassIndustrial, Data Center, Land, Special Purpose
Overview
The Avison Young Industrial Capital Markets team is pleased to present the unique opportunity to invest in a state-of-the-art 671,180 square foot warehouse/distribution 3-building portfolio development in a joint venture structure with Clarius Partners. The Clarius team delivers exceptional results contributing to a proven track record across varied industrial markets throughout the Midwest and nationally. The buildings will be located on a 41-acre master planned industrial business park on Trumpet Park Drive in Zion, IL, just east of I-94.
Investment Highlights
SUPERB INFILL LOCATION
- Infill opportunity with lack of competing land sites and a favorable labor market
STRONG SUBMARKET DEMAND WITH ATTRACTIVE INCENTIVES
- Submarket is positioned for new development with increased demand for space and historically low vacancy
- Unparalleled TIF incentive and increased EDGE tax credits for qualifying tenants, combined with Enterprise Zone savings
STRONG ECONOMICS IN AN ACTIONABLE, SINGLE PHASE
- Class A, 3-building 671,180 SF business park single phase
- Institutional joint venture opportunity with Clarius Partners, a team with an exceptional track record and current industrial development budget
- Competitive deal economics – lowest cost provider in Chicago market
- Zoning and entitlements in place, regional detention in place, no off site infrastructure improvements or utility extensions required
Trumpet Pk DrZion, IL 60099
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