Cushman & Wakefield Negotiates $27.8M Sale of Industrial Property in Joliet, Illinois

by Christina Cannon

JOLIET, ILL. — Cushman & Wakefield has negotiated the sale of a 575,000-square-foot industrial property in Joliet for $27.8 million. Molto Properties sold the asset to Midwest Warehouse, which plans on occupying 366,000 square feet of the facility. Located at 3451 S. Chicago St., the building was vacant at the time of sale. The property, which is situated on 30 acres, features 32-foot clear heights, ESFR sprinklers, T-5 lighting, ample parking and a fully fenced and secured yard. Jason West and Sean Henrick of Cushman & Wakefield represented Molto Properties in the transaction. Tim Thompson of HSA Commercial Real Estate represented Midwest Warehouse.

You may also like