JIT Sells BTS for $15M in Sale-Leaseback

BARTLETT, IL-JIT Packaging is operating with a 10-year lease for the 259,700-sf building. The sale had a cap rate of about 7.5%.

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Dig Deeper

Recommended Stories

How Camber Creek Vets Its Proptech Investments

Tanya Sterling | June 24, 2019

The venture capital firm filters out the best investment opportunities through several processes but also peruses cold leads.

Las Vegas Is CapRock’s New Target Market

Kelsi Maree Borland | June 21, 2019

The firm has broken ground on its first development outside of California, a 700,000-square-foot industrial facility.

Industrial Commercial Buys Two Properties in Michigan, Ohio

John Jordan | June 21, 2019

The facility in Bryan, OH totals 320,500 square feet and is located at 918 South Union St. The second property is 148,000 square feet and is located at 1776 Airport Park Court. ICP’s holdings in Holland now total more than 1.5 million square feet.

Resource Center

Learn how AI can help reduce completion and response times, leading to increased tenant satisfaction.

Case Study

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now