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26220-W 143rd St, Plainfiel...

Josh Udelhofen Of Trammell Crow Company Leases 788,000 Square Feet To RJW Logistics Group
LEASEDIndustrial

Josh Udelhofen Of Trammell Crow Company Leases 788,000 Square Feet To RJW Logistics Group

Building Size

788,000 SF

Asset Type

Industrial

Closing

Mar 3, 2026

AI

The property involved in this transaction is an industrial asset located at 26220 West 143rd Street in Plainfield, Illinois. The total area of the facility is 788,000 square feet, situated within the Plainfield Business Center. The transaction is part of the first phase of the I-55 corridor industrial project.

Summary of transaction details:

The deal represents a full-building lease signed between Trammell Crow Company and RJW Logistics Group, with significant involvement from the brokerage firms CBRE and JLL. The project developer is also planning to initiate construction for a speculative 788,000-square-foot Building 2 in Q2, as part of the broader 8 million-square-foot buildout of the campus.

Players

Dominic Carbonari

JLL

Broker

$24.5M

vol

7 deals

Broker

Josh Udelhofen

Trammell Crow Company

Landlord

1 deal

Landlord
Kevin Williamson

Kevin Williamson

RJW Logistics Group

Tenant

$17.1M

vol

3 deals

Tenant

Market Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93