UNIVERSITY PARK, IL-USAA Real Estate Co., whichbuilt a 1.3-million-square-foot distribution facility here inAugust, has sold the facility to CBRE Investorsfor an unnamed amount. Clorox International Co.occupies the building at 2400 Dralle Rd. in a10-year lease.

The tenant moved from an 800,000-square-foot warehouse inMinooka, as well as a smaller packaging facility near the Wisconsinborder, says James Carpenter, an executivedirector with Cushman & Wakefield. Carpenterrepresented the seller in the deal. “They were having to ship theproduct up there, then have it shipped back,” he tells GlobeSt.com.“They saved a lot of money consolidating into this building.”

He says there’s a few companies still looking to make moves intolarge buildings, bringing back a trend in large warehousedevelopment that slowed during the recession. Since there’s asignificant lack of supply, the current buildings are in demand,and there’s even some speculative large development contemplatedaround the country. “The majority of these users are consumerproduct or Internet retailers, such as Amazon,”Carpenter says.

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