CRE Midwest

IDI secures 100,144-square-foot lease in Rock Run VIII

Rockrun07L

Black Horse Carriers Inc., a third party logistics company, has signed a 100,144-square-foot lease at Rock Run VIII to bring the 352,500-square-foot building in Joliet to 100 percent occupied.

Black Horse Carriers Inc., a third party logistics company, has signed a 100,144-square-foot lease at Rock Run VIII to bring the 352,500-square-foot building in Joliet to 100 percent occupied. Menlo Logistics occupies the balance of the building with 252,356 square feet.

Black Horse will use the space for storage, warehousing and distribution of automotive parts, retail and consumer products and food and bakery products. The company has several facilities in the area and, as it expands, has relocated some of its operations to Rock Run VIII. It will take advantage of the building’s location to increase logistic efficiency, as well as the capacity and flexibility in the number of doors and trailers available.

“The Rock Run Business Park combines modern functionality with a strategic location in the I-80 market, creating opportunities for logistical efficiencies for tenants serving the Chicago market and beyond,” said Jeff Lanaghan, vice president of leasing for IDI. “It was the initial, and is currently the largest, park on I-80 and spawned the entire I-80 market segment.  It is almost a market unto itself.”

Rock Run Business Park is located at the Houbolt Road interchange on I-80 just one mile east of the intersection of I-80 and I-55. The park has approximately 3.7 million square feet in 12 buildings.

Rick Daly with Darwin Realty represented Black Horse in the deal, while Mike Fonda and Hugh Williams with Avison Young were the landlord listing agents.