Cawley Commercial Real Estate (Cawley CRE) negotiated the sale of 140 acres in Belvidere, Illinois, to a Fortune 5 Company.
This strategic acquisition will be the site of a state-of-the-art, 1.2 million square foot freezer cooler facility, designed to support the delivery of fresh and frozen food products across the Midwest region.
The new facility, projected to cost over $1 billion, will include over 1,000 trailer stalls and is expected to be operational by 2027. It will feature cutting-edge automation technology aimed at optimizing the fulfillment process, ensuring efficiency and speed in distribution. This marks one of the largest investments by the Fortune 5 Company in a single facility, highlighting its commitment to enhancing its logistics and supply chain capabilities.
David Conroy at Cawley CRE was selected for its expertise in identifying and marketing prime real estate opportunities. Understanding the Fortune 5 Company’s need for a strategically positioned facility, Cawley CRE highlighted the property’s significant advantages, including an attractive labor base, an efficient freight transport network, and substantial electric generation capability. These factors were pivotal in positioning the property as the ideal site for the new facility.
