An industrial facility located at 41 U.S. Route 30 in Rock Falls, Illinois, has been acquired by MAG Capital Partners, LLC. The property spans 645,000 square feet and is situated on a 124-acre site known as the I-88 Distribution Center. This facility has been under a long-term NNN lease with Cimco Recycling, LLC since 2018, which is focused on recycling various types of scrap materials.

Summary of transaction details:

• Property Type: Industrial Facility
• Transaction Amount: Not specified
• Address: 41 Us-30, Rock Falls, IL, 61071
• Market: Rock Falls
• Buyer: MAG Capital Partners, LLC
• Seller's Representative: Kent R. Williams, Marcus & Millichap
• Occupant: Cimco Recycling, LLC
• Facility Size: 645,000 SF
• Year of Lease Start: 2018
• Additional Land: 124 acres
• Previous Tenant: Stanley Black & Decker

In this transaction, Mary Garnett and Jim Tuesley of Barnes & Thornburg LLP represented MAG Capital Partners. Kent Williams, Matt Taylor, and Steven Weinstock of Marcus & Millichap acted as representatives for the seller. MAG Capital Partners continues to expand its portfolio, having recently acquired several other industrial assets across the U.S.