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| Staples Distribution Facility, 120 West Opus Drive Oak Creek, WI |
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| Nick Manganais |
CHICAGO, IL – Marcus & Millichap Real Estate Investment
Services, the nation’s largest real estate investment services firm, has
received the exclusive listing for a $36.25 million two-property single-tenant
industrial portfolio.
Nick
Manganais, a vice president investments in Marcus & Millichap’s Chicago
O’Hare office, is representing the seller, an Illinois-based family
partnership. Matthew Fitzgerald, a first vice president investments in
the firm’s Milwaukee office, is Marcus & Millichap’s broker of record in
Wisconsin.
“Both
properties are investment-grade assets that were built-to-suit for their
tenants and both have excellent long-term cash-stream potential,” says
Manganais. “The FedEx freight facility
is one of just 17 FedEx Priority freight terminals in Illinois and the Staples
warehouse is a hub distribution center for Staples and Quill-brand office
products.”
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| Matthew Fitzgerald |
The Staples distribution center is located in the
southeastern Milwaukee metro area at 120 West Opus Drive in Oak Creek, Wis.
The 279,828-square-foot facility features 259,828 square
feet of warehouse space and 20,000 square feet of office space and can be
expanded by 51,748 square feet.
The facility has 46 loading and unloading doors with custom
dock levelers or pit levelers. There is one custom door seal, one drive-in
door, four trash pads and 22 trailer spaces.
The
63,740-square-foot FedEx freight terminal is located at 3883 Butterfield Road
in Aurora, Ill., the second-largest city in Illinois and part of Chicago’s
Naperville/Aurora metropolitan trade area.
The property features a 55,120-square-foot main building
with 6,800 square feet of office space. There is also 48,320 square feet of
cross-dock working area, which serves as the customer center.
The property contains a 6,550-square-foot three-bay
repair/wash building, a 1,600-square-foot fueling facility and a concrete scale
pit with an axle scale.
The freight terminal has 104 loading/unloading doors with
custom dock levelers and custom door seals. There are 269 tractor/trailer parking
spaces and a separate employee parking lot that can hold up to 91 cars.
For a complete copy of the company’s news release, please
contact:
Gina Relva
Public Relations
Manager
(925) 953-1716
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