CenterPoint IL Spec Building Fully Leased
The building, situated within the CenterPoint Intermodal Center-Joliet/Elwood, comprises 751,622 square feet and was leased to a home improvement retailer and CTDI.
By IvyLee Rosario
CenterPoint Properties has fully leased its recently completed speculative facility in Joliet, Ill. The building was leased to a large home improvement retailer and CTDI, a global engineering, repair and logistics company.Â
Located at 3900 Brandon Road, the building comprises 751,622 square feet and is situated within the CenterPoint Intermodal Center-Joliet/Elwood. The home improvement retailer signed a 15-year, six-month lease for 250,309 square feet of the facility, including:
- 3,600 square feet of office
- 36-foot clear heights
- 28 dock doors
- 64 parking spaces
- 629 trailer stalls
CenterPoint will also construct 591 new trailer parking stalls for the tenant on an additional 29.7 acres. CTDIÂ signed a 63-month lease for 501,313Â square feet of the building, including:
- 21,560 square feet of office
- 36-foot clear heights
- 67 dock doors
- 460 parking spaces
- 68 trailer stallsÂ
“These leases solidify our on-going zero percent vacancy in CIC-Joliet/Elwood,” said Brian McKiernan, senior vice president of development at CenterPoint, in prepared remarks. “We are thrilled to help two valued tenants expand their footprint in the Midwest.”
Image courtesy of CenterPoint PropertiesÂ
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