Newmark Grubb Knight Frank will be the exclusive broker in the sale and marketing of Centreport Industrial Park, a master planned, 3.2 million-square-foot, speculative industrial development within the city of Chicago consisting of approximately 197 acres–the largest contiguous piece of industrial land available within Chicago’s city limits.
Located on Avenue O and 116th Street, the planned industrial park will comprise of approximately 14, 300,000-square-foot buildings, although other sizes to-suite are available, and feature on-site port and rail access, high power and fiber amenities. The park will benefit from incentive packages from the city and state, 6B tax incentives as well as access to major highways, which allows tenants to service downtown Chicago.
Located conveniently to the south of Chicago’s vibrant central business district, Centreport Industrial Park offers users, developers or investors the ability to develop 3.2 million square feet in a contemporary, state-of-the-art business park environment. Located minutes from I-90 and I-94 with immediate access to I-80, the park features on-site access to the Norfolk Southern rail line and the Calumet River and Lake Calumet port services as well as high power and fiber amenities.
NGKF’s Executive Managing Director Kenneth Szady and Managing Director Krysti Galvin will lead the national marketing campaign on behalf of ownership.