- Wednesday, August 20, 2014
- Chicago, IL
Seefried Industrial Properties Announces New Alliance
The Rockefeller Group has retained Seefried Properties as the park developer for the 79-acre Minooka Distribution Center in Minooka, Illinois. Distribution facilities ranging from 700,000 to 1,500,000 square feet have been approved for industrial build-to-suit, with layout features including 36-foot clear-heights, up to 340 car parking spaces, secure loading, trailer storage areas and more.
The site is designed for flexibility, and it's fully annexed and zoned for industrial use. Seefried and The Rockefeller Group, along with exclusive listing brokers, Lynn E. Reich, SIOR and Jeffrey K. Kapcheck, SIOR, of Colliers International, will provide fast track build-to-suit facilities for lease or purchase, and are also marketing the site for outright land sale opportunities.
"As large blocks of space continue to be absorbed throughout metropolitan Chicago, we believe industrial users will turn to build-to-suit developments in well-located, established business parks, like Minooka Distribution Center," said Dave Riefe, senior vice president of the Midwest region for Seefried. "Located just five miles west of the I-55/ I-80 interchange, Minooka Distribution Center is well- positioned for local and regional distribution."
Minooka Distribution Center is located off a four-way Interchange at Ridge Road and I-80 with neighboring logistics companies and national corporations including BMW of North America, Trader Joe's, Kellogg's, Macy's, NFI Logistics, W.W. Grainger and Electrolux.
"We are thrilled to be joining The Rockefeller Group and Colliers on this project. Our proximity to the BNSF and UP intermodal facilities in neighboring Joliet, coupled with our low Grundy County real estate taxes, makes Minooka Distribution Center a logical choice for corporate customers," said Riefe.
About Seefried Industrial Properties
Seefried Industrial Properties was founded in 1984 by Ferdinand Seefried and is still 100 percent privately owned today. Seefried focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets. It leases and manages approximately 23 million square feet for its institutional and European clients. Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience. Seefried is based in Atlanta, with regional offices in Dallas/Fort Worth, Chicago and Phoenix.
About The Rockefeller Group
The Rockefeller Group is a leading global real estate owner, developer and investment manager. The company has engaged in some of America's most significant and recognizable real estate endeavors, beginning with the development of Rockefeller Center, one of the world's finest urban mixed-use complexes combining prime office and retail space in a superior location. The company is wholly-owned by Mitsubishi Estate Co. Ltd., one of the world's largest real estate investment and development companies, which has completed eight outlet centers in Japan. Visit www.RockefellerGroup.com.
About Colliers International
Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world. For the latest international news from Colliers International, visit colliers.com/us/news, or follow us on Twitter: @ColliersIntl and @ColliersChicago.