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Midwest Industrial Funds breaks ground on 334,229-square-foot business park redevelopment

November 7, 2023
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Midwest Industrial Funds hosted a groundbreaking event on Wednesday, November 1, with their project team and local government officials to launch their latest high-profile, Class A spec redevelopment, Libertyville 45 Corporate Center which is located at 1850 US 45, Libertyville, Illinois, adjacent to the Libertyville/Canlan Sports Complex. Situated on a high-visibility 19-acre site, the two-building redevelopment consists of 169,065-square-foot and 165,234-square-foot buildings which are being constructed on a speculative basis and are suitable for a multitude of uses including corporate headquarters, distribution, assembly, and manufacturing. The high-image pre-cast concrete and glass facilities feature 32-foot clear ceiling height, up to 24 dock positions per building, above-standard 372 car parking and up to 4,000 amps of power per building. The buildings are divisible and will be shell complete in Summer 2024. The site was previously a driving range and miniature golf facility owned and operated by the Village of Libertyville.

MIF Construction LLC is the design-build general contractor for the project with Pinnacle Engineering and Partners in Design providing engineering and design services. The Cushman & Wakefield team of Keith Puritz, Brett Kroner, Eric Fischer, and Marc Samuels are marketing the buildings for lease or sale on behalf of Midwest Industrial Funds.

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