Cushman & Wakefield Secures 1.6M SF Industrial Lease In University Park

The industrial property located at 701 South Central Avenue in University Park, Illinois, spans 1,600,000 square feet. The lease was arranged on 05/20/2024 for this strategic asset under the ownership of Jason E. Fox from W. P. Carey.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: N/A
• Address: 701 South Central Avenue
• Market: University Park
• Landlord: Jason E. Fox - W. P. Carey
• Brokers: Adam Cooke, Jason West, Lou D’Avanzo, Ryan Klink & Sean Henrick - Cushman & Wakefield

The deal at 701 Central Ave., University Park, Illinois, was facilitated by the brokerage team comprising Adam Cooke, Jason West, Lou D’Avanzo, Ryan Klink, and Sean Henrick from Cushman & Wakefield. The transaction underscores the robustness of the Chicago industrial market and the property's advantageous proximity to major transportation hubs.