CenterPoint Properties announced the addition of The DeLong Co. at CenterPoint Intermodal Center in Joliet, Illinois. The DeLong Co. will occupy 25 acres of land within CIC-Joliet to operate their transload operation. Josh Hearne of Cawley Chicago represented The DeLong Co., while Dan Leahy and Adam Roth represented CenterPoint in the transaction.
The DeLong Co. and CenterPoint have a long standing relationship. CenterPoint developed two facilities for the company previously in Northlake and Joliet, Illinois, which have utilized CIC- Joliet and Elwood for exports. Based on their experience as a CenterPoint tenant, The DeLong Co. recognizes the value that intermodal proximity and logistics-advantaged facilities generate for the company.
The DeLong Co. plans to relocate its 15-acre transload operation from Channahon, Illinois, to the proposed 25-acre site, which is centrally located in between the Union Pacific and BNSF intermodal yards. The facility will enhance the agricultural transload platform at CIC-Joliet, which is the largest agricultural export hub in the Midwest. Currently, there are more than 105 million bushels of locally produced agricultural products exported annually from the park.
