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.

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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.

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"The goal is obviously to sell it, but the industrial market isvery tough right now," Motew tells GlobeSt.com. "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."

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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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