Joyce Slone of Slone Commercial LLC recently represented NGH Farms and Five H LLC in the sale of three parcels of land totaling 329.63 acres in far west suburban Yorkville, Illinois, to EPC Holdings and SOO Green.
The transactions, totaling more than $10.1 million, included some of the last large parcels of land available for industrial development in the I-55 submarket.
In the largest of the three transactions, Slone represented NGH Farms LLC in its sale of 229 acres at Eldamain Road and Faxon Road in Yorkville to EPC Holdings 993 LLC. For the $6.4 million transaction, Cushman & Wakefield assisted Slone while JLL’s Sam Durkin and Sean Reynolds represented the buyer.
EPC Holdings also acquired 52 acres at Corneils Road and Eldamain Road in Yorkville from Five H LLC. Slone represented the seller in the $2 million transaction. Along with the Eldamain and Faxon parcel, this property will become part of the Lincoln Prairie industrial development, a 228-acre site that is BNSF certified and will have direct access to the railway. The certification ensures a site is ready for rapid acquisition and development through a comprehensive evaluation. The site is industrial zoned and divisible.
Lastly, Slone represented Five H LLC in its sale of the 48.63-acre Lot 6 along Corneils Road to SOO Green for $1.7 million. SOO Green is a first-of-its-kind electricity transmission project that will install state-of-the-art high-voltage direct current (HVDC) transmission cable underground along existing railroad corridors. This green form of energy will power users of the Lincoln Prairie development, providing a reliable and sustainable source of energy that is especially beneficial for heavy electricity users such as data centers or manufacturers.
Because of Lincoln Prairie’s access to power and rail, JLL is currently marketing the site to be developed into a large industrial building or data center. The site has easy access to state highways 34, 47, 71, and 126, as well as I-88 to the north, I-80 to the south and I-55 to the east.
