MDH Partners acquired Minooka Interstate Logistics Portfolio in Minooka, Illinois, approximately 60 miles outside Chicago.
The portfolio is 2.2 million square feet across three Class-A industrial facilities and is fully leased. Houston Hawley at MDH Partners sourced the deal. Adam Tyler, Jim Carpenter, and Mike Tenteris from Cushman & Wakefield represented the seller.
Within the portfolio, the building at 200 International Parkway South is 473,280 square feet and fully leased to BMW of North America, which utilizes the facility to service hundreds of dealerships located between Colorado and Michigan. The facility at 1460 Cargo Court is 705,661 square feet and fully leased to Kellanova, which distributes Kellogg’s global snacks and international cereals. At 1,034,200 square feet, the building at 6225 East Minooka Road facility is fully leased by WK Kellogg. The tenant distributes Kellogg’s U.S. breakfast cereals and is the largest distribution center for WK Kellogg in the Midwest.
Minooka Interstate Logistics Portfolio comprises one front-load building built in 2002 and two cross-dock buildings built in 2008, totaling 2,213,141 square feet. The property offers users 30-36-foot clear heights, ample trailer and auto parking and fenced truck courts with depths of 136-185 feet. The portfolio is situated within the 425-acre master-planned logistics park, Prologis Park Minooka, and is strategically located just two miles from I-80, seven miles from I-55 and 26 miles from I-355.
