Acquisition of 400,000 SF Cold Storage Facility, Joliet, IL

Deal value: $92,000,000

Acquisition of a newly constructed 400,000 sq. ft. cold storage warehouse in Joliet, Illinois, to capitalize on supply chain demand.

The core investment motivation is to capitalize on surging demand for modern cold storage driven by e-commerce growth, supply chain resilience, and increased domestic food production. The strategic purpose is to secure a newly constructed, state-of-the-art facility in a key logistics hub, Joliet, IL, positioning the investor to benefit from premium rents and long-term structural tailwinds in food distribution and last-mile delivery. The timing reflects both a tightening market for modern cold storage and a shift toward infrastructure-like, resilient real estate assets.