Avison Young markets single-tenant facility in Northwest Cook County submarket
August 8, 2023The 30,225-SF building is currently fully occupied by Camelot Therapeutic Day School
Chicago, IL – Avison Young has been retained to market a 30,225-square-foot (sf) building at 580 Slawin Court in Mount Prospect, IL. The building is being delivered with a committed long-term tenant, Camelot Therapeutic Day School, which has provided academic and therapeutic services for children, adolescents, and young adults with multi- needs.The Avison Young team bringing the property to market includes Erik Foster, Principal and Head of Industrial Capital Markets, and Mike Wilson, Principal, both located in the firm’s Chicago office.
“The exceptional Northwest Cook County location of the property offers strong demographics and easy access to key transportation arteries, not to mention a loyal long-term tenant, making this an ideal opportunity for savvy commercial investors,” said Foster.
The Northwest Cook County submarket is comprised of 782 industrial properties totaling over 35 million square feet. Vacancy was recorded at 4.4% at the end of the second quarter 2023 and leasing activity has remained strong.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2023 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.
For more information:
- Download property photo here.
Media contact:
- Nathan Reyna, Regional Media Relations & Content Specialist, Central: +1.917.877.1697