EXECUTIVE SUMMARY

Cushman & Wakefield’s National Industrial Advisory Group has been retained by ownership as its exclusive adviser in the sale of 901 Carlow in Bolingbrook, Illinois. The 997,802 square foot Class A building is situated in the premier I-55 Industrial Corridor. 

The Property is located in one of Chicago’s most sought-after industrial submarkets, benefiting from unmatched interstate access, proximity to a deep labor pool, access to an abundance of amenities, and low Will County taxes. With immediate access to I-55 and I-355, the subject location provides direct access to the entire Chicago metropolitan area. 

The Property is 100% leased to Ferrara Candy Company ("Ferrara") – the facility is currently  subleased by NFI, a leading global logistics company. With 2.4⁽¹⁾ years of lease term remaining and in-place rents 48% below market, investors have the ability to capture higher yields in the near-termwithin a submarket that continues to record significant rent growth.

The offering provides investors with the opportunity to acquire a modern logistics asset in a renowned submarket that is fully leased, with the ability to add value through mark-to-market of near-term expirations.

INVESTMENT HIGHLIGHTS

• Highly Coveted I-55 Location
• Chicago's Leading Industrial Submarket
• I-55 Q2 2023 Fundamentals
• Ability to Increase Yield
• Institutionally Owned Asset with Class A Attributes
• Discount to Replacement Cost

OFFERING AT A GLANCE