(Read more on the industrial market.)

MINOOKA, IL-Liberty Property Trust has acquired 225 acres todevelop Liberty Business Center Minooka, a 3.5-million-sf plan forthree industrial buildings. The all-in development cost could be asmuch as $150 million.

Liberty's new development site is situated at the intersectionof Interstate 80 and Ridge Road. The buyer isn't discussing who itbought the land from or how much it paid.

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