Seefried Properties has closed the sale of a 144,414-square-foot industrial facility in Elgin, Illinois, to a custom plastic molded parts manufacturer. The transaction details remain confidential.
Jason West and Doug Pilcher with Cushman and Wakefield represented Seefried in the sale, while Noel Liston of Core Industrial Realty represented the buyer.
Located at 1705 Madeline Lane in Elgin, the building features a 32-foot clear height, 19 dock doors with two drive-in doors, 205 car parking stalls and an ESFR fire sprinkler system.
The property is part of a two-building 465,360-square-foot Class-A campus that commenced construction in July of 2023.
Seefried is actively seeking users to lease or purchase the adjacent property at 1700 Madeline Lane. Following shell completion in March 2024, the building will include 320,946 square feet of space with divisibility down to 150,000 square feet. Additional features include a 36-foot clear height, 42 dock doors with room for six future dock doors, two drive-in doors, 259 car parking stalls and an ESFR fire sprinkler system.
Both buildings are strategically located one mile south of a full four-way interchange at I90 and Randall Road, providing proximity to a population of 3.8 million within a 30-mile radius.