MIDPOINT USA · well as competitive business tax guidelines and access to state and local economic...
Transcript of MIDPOINT USA · well as competitive business tax guidelines and access to state and local economic...
MIDPOINT USA 6515 AMERIPLEX DRIVE
A CUSHMAN & WAKEFIELD NATIONAL INDUSTRIAL ADVISORY GROUP INVESTMENT OPPORTUNITY
CONFIDENTIAL INVESTMENT SUMMARY
574,249 SF | 100% Leased | Portage, IN
EXECUTIVE SUMMARY
Quick Facts
2009YEAR BUILT
6.1 YearsWEIGHTED AVERAGE
REMAINING LEASE TERM
574,249 SF TOTAL SIZE
3TENANTS
100%OCCUPANCY
$2.17MYEAR-1 NOI
The Offering
Cushman & Wakefield’s National Industrial Advisory Group has been retained by
Ownership as its exclusive advisor in the sale of MidPoint USA, a 574,249 sf, state-
of-the-art facility, 100% leased to three tenants with six years of weighted average
remaining lease term.
CONFIDENTIAL INVESTMENT SUMMARY | 2CUSHMAN & WAKEFIELD‘S NATIONAL INDUSTRIAL ADVISORY GROUP
MIDPOINT USA - PORTAGE, IN
INVESTMENT HIGHLIGHTS
O U T S TA N D I N G A S S E T Q U A L I T Y
Constructed in 2009, this Class A logistics facility offers 32’ clear height, T-5 lighting,
ESFR, 74 dock doors, 424 car spaces and 111 trailer spots. With multiple access points
along Ameriplex Drive, full site circulation, and secured fencing, the Property has an
ideal multi-tenant configuration that offers individual tenant identity.
M AT U R E B U S I N E S S PA R K S E T T I N G
The Property resides within Northwest Indiana’s premier business park, AmeriPlex
at the Port, a master planned mixed use park located only 35 miles from downtown
Chicago and adjacent to the interchange of I-94 and Indiana Route 249 (with
immediate access to I-90, I-80 and I-65). This mature business park offers an
attractive array of services and amenities, combined with an exceptional location, as
well as competitive business tax guidelines and access to state and local economic
incentives. Notable tenants in the park include Fronius USA, Lear Corporation, Ryder
Logistics and Silvent North America.
C O M M I T T E D T E N A N C Y
The Property is 100% leased to three highly committed tenants with a combined
weighted average remaining lease term of six years:
■ Camaco-Amvian, the largest independent supplier of engineered seating
solutions for the global automotive industry, has significantly invested in their
new assembly line at the Property to fulfill a new contract with Ford to provide
steel seat frames for the new Ford Explorer and Lincoln Navigator. As a Tier 2
supplier, Camaco-Amvian serves Tier 1 automotive suppliers that provide interior
systems solutions for original equipment manufacturers.
■ UNIS is a full-service global logistics company that processes retail distribution
for multiple accounts via the Property. This location also serves as a fulfillment
center for other UNIS distribution facilities.
■ Manufacturing Solutions International is a packaging and manufacturing
consulting firm headquartered in Portage. The Property will serve as their third
facility of which they will invest $1.5 million in their buildout for food packaging
and distribution.
CONFIDENTIAL INVESTMENT SUMMARY | 3CUSHMAN & WAKEFIELD‘S NATIONAL INDUSTRIAL ADVISORY GROUP
MIDPOINT USA - PORTAGE, IN
ILLIN
OIS
INDIA
NA
GARY
JOLIET
AURORA
NAPERVILLE
ELGIN
CICERO
HAMMOND
WHEATON
OAK LAWN
OAK PARK
EVANSTON
WAUKEGAN
SCHAUMBURG
ORLAND PARK
BOLINGBROOK
DES PLAINES
CHICAGO
90
90
94
94
94 80
55
88
355
290
294
294
4145
O’HAREINTERNATIONAL
AIRPORT
CHICAGO MIDWAYINTERNATIONAL
AIRPORT
MAPS©2018 SPIRECREATIVE.COM
MIDPOINT USA
INVESTMENT HIGHLIGHTS
T H E “ P O R TA G E A D VA N TA G E ”Indiana ranks 1st in the Midwest and 5th in the nation in CEO Magazine’s Best/Worst States survey and Indiana companies enjoy some of the lowest business costs in the country. Here, corporate state income tax, worker’s compensation, and unemployment costs are all an average of 30% lower than those of Illinois.
■ Indiana ranks 1st in the Midwest and 5th in the nation in CEO Magazine’s Best/Worst States survey
■ Indiana is one of the most business-friendly states in America (5th in Cost of Doing Business) with
unrivaled business incentives and logistical advantages
■ State income tax, worker’s compensation, and unemployment costs are all an average of 30%
lower than those of Illinois
■ 2nd Best State for Long-Term Fiscal Stability
■ Close proximity to Chicago makes for a natural production and distribution center for the Midwest
■ Ideal proximity to the major transportation corridors
■ Unprecedented economic growth
35 MilesTO DOWNTOWN CHICAGO
7 MilesTO I-65
3 MilesTO I-80
65
CONFIDENTIAL INVESTMENT SUMMARY | 4CUSHMAN & WAKEFIELD‘S NATIONAL INDUSTRIAL ADVISORY GROUP
MIDPOINT USA - PORTAGE, IN
DOWNTOWN CHICAGO
US STEEL
BURNS HARBOR PORT OF INDIANA
AERIAL
12
I-80, I-94 & I-65 Access
35 Miles to Chicago
30 Miles to Michigan State Line
Corporate Park Setting
MIDPOINT USA
94
35 MILES TO CHICAGO
Amenities Include:Family Express, Affordable Suites of America Bass Pro Shops, McDonald’s, Taco Bell, Dairy Queen, Subway, Starbucks, Longhorn Steakhouse, Country Inn & Suites
CONFIDENTIAL INVESTMENT SUMMARY | 5CUSHMAN & WAKEFIELD‘S NATIONAL INDUSTRIAL ADVISORY GROUP
MIDPOINT USA - PORTAGE, IN
Investment Sales
Market Expert
CUSHMAN & WAKEFIELD’S NATIONAL INDUSTRIAL ADVISORY GROUP
CENTRALJames Carpenter
Mike Tenteris
Adam Tyler
FLORIDAMike Davis
Rick Brugge
Rick Colon
NORTHEASTGary Gabriel
Gerry Blinebury
Kyle Schmidt
Jon Carpenter
SOUTHEASTStewart Calhoun
Casey Masters
Drew Stanford
SOUTHWESTJud Clements
Robby Rieke
Taylor Starnes
WESTJeff Chiate
Mike Adey
Rick Ellison
Michael TenterisExecutive Director+1 312 470 [email protected]
Adam TylerManaging Director+1 312 470 [email protected]
Jim CarpenterExecutive Managing Director+1 312 470 [email protected]
Brian VanoskyManaging Director+1 773 355 [email protected]