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701 South Central Avenue

Updated Dec 4, 2024

LEASEDIndustrial

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

701 South Central Avenue

Building Size

1,600,000 SF

Asset Type

Industrial

Closing

May 20, 2024

About this deal

AI

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.