JLL Capital Markets negotiated the sale of Woodlands Light Manufacturing Center, two industrial facilities totaling 289,847 square feet located at 800 and 875 Woodlands Parkway in Vernon Hills, Illinois.
JLL represented High Street Logistics Properties, which sold the property to Centaur Capital Partners and Talos Capital LLC.
The two-building industrial complex features 140,000 square feet at 800 Woodlands Parkway and 149,847 square feet at 875 Woodlands Parkway. Both facilities are fully leased to Kanaflex Corporation. The properties offer clear heights ranging from 19 to 29.5 feet, 12 dock-high doors, six drive-in doors, LED lighting throughout and a combined 247 parking spaces. The facilities include multiple cranes, making it ideal for Kanaflex’s manufacturing operations.
Situated in the sought-after Lake County submarket, the properties benefit from proximity to executive housing and excellent access to the Chicago MSA via Interstate 94.
The JLL Capital Markets team representing the seller was led by Managing Directors Ed Halaburt and Kurt Sarbaugh.
