MAG Capital Partners, LLC Acquires Property In Rock Falls Represented By Kent R. Williams

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.