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355 Logistics Center

Lockport, IL

Market: Chicago

Acquired from an institutional developer in 2019 the assets were 17% occupied at the time of purchase. After completing make ready improvements and aggressively marketing the spaces, HSLP was able to lease one building to Tesla and expand Berlin Packaging bringing the assets to 100% occupancy.

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Property Details

Strategy

Value Add

Number of Buildings

2

Size

611,576 SF

Year Built

2017

Clear Height

32'

Deal Structure

Value-Add