Kingsbarn Realty Capital Acquires Industrial Property From Fort Union & Focus In Northbrook

The asset involved in the transaction is an industrial property located at 1200 Skokie Boulevard in Northbrook. The property has a total square footage of 47,997. The transaction involved a sale between Kingsbarn Realty Capital as the buyer and Fort Union & Focus as the seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Buyer: Kingsbarn Realty Capital
• Seller: Fort Union & Focus
• Address: 1200 Skokie Boulevard
• Market: Northbrook
• Square Footage: 47,997
• Broker: Alex Sharrin & Josh Katlin - JLL

The transaction was facilitated by JLL's Corporate Capital Markets & Net Lease team, representing the developer. This deal marks the sale of Chicago's flagship Tesla Sales, Service and Delivery Center, which is the only custom build-to-suit facility for Tesla in the Chicagoland area. The site has been designed to accommodate several retail showrooms, new vehicle deliveries, maintenance services, and more, attracting interest from various investors.