Molto Properties Acquires 79 Acres In Minooka

Molto Properties has purchased 79 acres of vacant land located along McLindon Road in Minooka, IL.

Site improvements will begin Spring of 2017 to prepare for the development of a 1.3 million square foot industrial building.

“The site is situated along the I-80 Corridor in an attractive location for logistics, especially larger regional or national distributors” says Mike Powers, Senior Principal and Chief Investment Officer at Molto Properties.

Powers further stated that build-to-suit activity has picked up in the I-80 Corridor recently, and there is a growing demand for larger distribution buildings.

Jim Estus with Colliers International represented Molto Properties in the transaction. Lynn Reich with Colliers represented the Seller.