JLL Brokers Sale of 314,000-SF FedEx Ground Facility in Niles, Illinois

Reuters12-11
JLL Brokers Sale of 314,000-SF FedEx Ground Facility in Niles, Illinois

JLL Capital Markets has arranged the sale of a 314,028-square-foot FedEx Ground distribution facility located at 5959 W. Howard Street in Niles, Illinois. Representing the seller in the transaction, JLL facilitated the asset's acquisition by Centaur Capital Partners and Talos Capital. The modern, single-tenant facility, built in 2015 as a build-to-suit for FedEx Ground Package Systems Inc., includes extensive warehouse and office space, a maintenance facility, and a guard building. The property features significant car and trailer parking, an on-site fueling station, and an additional 11.2 acres of supplemental land used for parking, offering future redevelopment opportunities in the supply-constrained North Cook County industrial submarket.

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