Midwest Industrial Funds Announces Joliet Spec Building
OAK BROOK, IL – August 2019 – Midwest Industrial Funds recently broke ground on a new 187,522 SF industrial building in Joliet, IL. The building is being constructed on a speculative basis and is suitable for a variety of uses including distribution, assembly and manufacturing. The high image pre-cast concrete and glass facility features 32’ clear ceilings, a rear loading configuration with up to 50 truck docks plus 72 onsite trailer parks, and 187 car parking which is expandable. The building is divisible down to approximately 40,000 SF and will be completed in the spring of 2020. Midwest Industrial Funds acquired the land in 2018 from a private seller. Josh Hearne, SIOR of Cawley Chicago was the sole broker on the land transaction and is marketing the newly constructed building for lease or sale on behalf of Midwest Industrial Funds.