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CenterPoint Properties Signs Full-Building Lease With RJW Logistics Group For 976,954 SF In Joliet

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LEASED
Adam Roth
Daniel (Dan) Leahy

Illinois

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Industrial976,954 SF
Leased 02/11/2025
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LEASED

CenterPoint Properties Signs Full-Building Lease With RJW Logistics Group For 976,954 SF In Joliet

2903 West Schweizer Road

See Similar Deals
Industrial976,954 SF
Leased 02/11/2025
Adam Roth
Daniel (Dan) Leahy
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:976,954 SF
Transaction Type:Lease

A full-building lease has been signed by CenterPoint Properties with RJW Logistics Group for an industrial facility located at 2903 West Schweizer Road in Joliet, Illinois. The property encompasses 976,954 square feet and is situated within the 6,400-acre CenterPoint Intermodal Center.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Disclosed
  • Address: 2903 West Schweizer Road
  • Market: Joliet
  • Asset Size: 976,954 SF
  • Landlord: Bob Chapman - CenterPoint Properties
  • Tenant: Kevin Williamson - RJW Logistics Group
  • Broker Representatives: Adam Roth & Daniel Leahy - NAI Hiffman

This transaction occurs during a period of notably declined industrial leasing activity in Chicago, with a year-over-year decrease of 25.8% in 2024. The number of large deals over 250,000 square feet has dropped from 26 to 16.

Players

Adam Roth
NAI Global
Adam Roth
3 deals$25.4M volume(630) 691-0607
BROKER
Daniel (Dan) Leahy
NAI Global
Daniel Leahy
5 deals$25.4M volume(630) 691-0604
BROKER

Details

LEASED
IMAGE: Daniel Leahy, Bob Chapman, Adam Roth & Kevin Williamson DATE: 02/11/2025 ADDRESS: 2903 West Schweizer Road MARKET: Joliet ASSET TYPE: Industrial ~ SF: 976,954 LANDLORD: Bob Chapman - CenterPoint Properties (@CenterPointProperties) TENANT: Kevin Williamson - RJW Logistics Group BROKERS: Adam Roth & Daniel Leahy - NAI Hiffman (@NAIHiffman) NOTE: CenterPoint Properties signed a full-building lease with RJW Logistics Group for a 976,954 SF industrial facility at 2903 Schweitzer Road in Joliet, Ill., within the 6,400-acre CenterPoint Intermodal Center. NAI Hiffman represented the owner, as Chicago’s industrial leasing activity declined 25.8% YoY in 2024, with large deals over 250,000 SF dropping from 26 to 16.

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Deal Type
Effective Rent (Annual)

$55,998,413.74

Total Lease Value

$559,984,137.44

Net Landlord Cash Flow$55,998,413.74