Industrial & Logistics

Clarius Park Joliet

3835 Youngs Rd Joliet, Illinois United States 60434
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2021
Building Area

Property description

Jones Lang LaSalle (“JLL”), as exclusive advisor to Owner, is pleased to offer for sale the fee-simple

interest in Clarius Park Joliet - Building 2, a 906,517 square foot, Class A industrial facility in the

prosperous I-80 submarket of Chicago (the “Offering” or the “Property”). Located at 3835 Youngs Road in

Joliet, Illinois, the soon to be completed facility is 100% leased to The Lion Electric Co. (NYSE: LEV),

a publicly traded company (the “Tenant”) on a long-term net lease with annual rent growth. The

state-of-the-art spec-to-suit Property is situated on 59.8 acres representing the capstone of Clarius

Park Joliet, a now-complete Class A logistics park, currently home to nearly 2 million square feet of

warehousing, distribution, and manufacturing space.

Investment highlights





Last Updated Date: 19 Aug 2021
John Huguenard, SIOR, CCIM
John Huguenard, SIOR, CCIM
Senior Managing Director, Industrial Platform Leader
Sean Devaney
Sean P. Devaney
Managing Director, Capital Markets

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Last Updated Date: 19 Aug 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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