Jones Lang LaSalle has been selected by Venture One Real Estate as the exclusive marketing agent for two of the developer’s industrial parks — Rock 39 Industrial Park and Loves Park Corporate Center — along the I-39 Industrial Corridor west of Chicago.
The two parks, which total a combined 340 acres, are strategically located along Interstate 39, which provides access to a variety of major Midwest cities.
Both parks are also within a short drive to the Union Pacific Global III Intermodal facility in nearby Rochelle and the UPS Air Hub at the Greater Rockford Airport.
Available shovel-ready land sites range from 1 to 120 acres with build-to-suit opportunities available from 50,000 to 1.5 million square feet. Current tenants/owners include PepsiCo, Con-way and Danfoss.
“Rock 39 Industrial Park is ideal for large regional distribution center users and manufacturers, while Loves Park Corporate Center is designed for corporate users seeking outstanding identity/visibility and access to a highly skilled labor force in a low-cost environment,” said Jones Lang LaSalle Managing Director Trevor Ragsdale, SIOR, who is marketing the properties in collaboration with JLL colleagues Steve Trapp, Kelly Gray and Michael Connor.
“The combination of a sustainable skilled labor force, low occupancy costs and access to the upper Midwest population centers positions both of these parks to compete on a total-landed-cost basis with any other park in the Chicago area.”
Both parks offer 15-year, 50 percent tax abatement from Winnebago County while Rock 39 also offers the benefits of being located within a Foreign Trade Zone.