The building is divisible to 3,900 sf, with plumbing, electricalsystems, heating, and one private drive-in door available in eachunit. The building also offers 21-foot clear height, ESFR firesprinkler systems, two common interior truck docks, one overheaddoor to a common corridor for dock access, and 135 parking spots."You have great visibility from Interstate 55, which is why we'remore unique," says Ken Motew, managing partner of PEAK.


The building is about 13%, with asking lease rates around $6.25per sf, triple net, or the option to buy at about $93 per sf, saysMotew. He says the price to buy will escalate by about 2.5% a year.Motew says there has been interest from a medical company topurchase all of the remaining 63,000 sf.


"The goal is obviously to sell it, but the industrial market isvery tough right now," Motew tells "When we startedthe project, things were selling for around $130 a foot. I don'tthink anyone's near that now, and we haven't gotten an offer above$100 a foot. But since it's been built, I've been very pleasantlysurprised at the large amount of activity we've gotten."


Randall Bees Architects provided architectural services on thedevelopment. David McCallum & Associates served as landscapearchitect and Jacob & Hefner as civil engineer. Jim Estus, ofColliers Bennett & Kahnweiler, is acting as leasing agent forthe development.

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