Midwest Industrial Funds 700 E. Dayton Road, Ottawa

700 E. Dayton Road, Ottawa, IL

Project size: 206,000 SF

Project Type: Build-to-Suit Development

Opportunity: Midwest recognized a facility upgrade and consolidation need for a fast growing global tenant in the emerging western I-80 industrial submarket.

Value added:

Managed all facets of the site selection and due diligence process
Negotiated and secured TIF incentives which decreased property taxes by +/-$1.3 million over 10 years
Managed all construction and development activities, including a unique design strategy which will allow the property to be easily converted to a multi-tenant if necessary

Midwest Industrial Funds is a vertically integrated national real estate investment company focused on the development and acquisition of industrial properties in strategic markets throughout the United States. Founded in 2003, Midwest Industrial Funds leverages its local market relationships to identify select opportunities and approaches every investment with an entrepreneurial and strategic perspective. Midwest Industrial Funds has acquired and developed over 90 industrial properties and its executive team has collectively completed over 75 million square feet of industrial transactions in 35 states.