Prime Chicago Market
• Approved Cook County Class 6B Tax Incentive: The Class 6b classification is designed to encourage industrial development throughout Cook County by offering a real estate tax incentive for the development of new industrial facilities, the rehabilitation of existing industrial structures, and the industrial reutilization of abandoned buildings. 6b incentives are renewable after 10 years. The Class 6b program offers a 12-year reduction in real estate assessments from the standard Cook County industrial rate of 25%. Qualifying properties are assessed at 10% for the first 10 years, 15% for the 11th year, and 20% for the12th year.
• Enterprise Zone: The Enterprise Zone Program is intended to stimulate economic growth and neighborhood revitalization by offering state and local tax incentives to companies expanding or relocating within depressed areas.
Cold Summit facilities are designed to be flexible over the life of the building. Dallas II can accommodate up to four tenants. Each suite is divisible into multiple temperature zones from -20F to 55F.
Cold Summit Chicago I has two suites of 103k SF and 108k SF respectively, each with 3,647 SF of office and 2,422 SF of battery charging / mechanical space.
|Building One Site Specifications|
|Total Building Size||212,805 SF|
Single-Tenant or Multi-Tenant; Suite configurations include: ~108K, ~103K, and 212K SF
|Delivery Condition||Move-in ready warehouse and office spaces, fully operational with extra add-ons available such as racking, additional charging stations, etc.|
|Convertible Freezer/Cooler Warehouse||168,881 SF|
|Refrigerated Dock||31,785 SF|
|Battery Charging, Fire Pump & Riser Rooms||4,844 SF|
|Pallet Positions||24,505 PP Double Deep (Top of product 43' at 5 high)|
|Clear Height||Top of building at 48'-10"’ with 43’ clear height in warehouse (with 30’ clear height on truck and rail docks)|
|Refrigeration||Low charge NH3 with convertibility to run at -20°F to +55°F|
|Loading||28 Dock positions with 50,000 lb. capacity VHL dock levelers; dock pit height 50’'; dual forklift ramp access|
|Dock Area||60’ deep dock with empty pallet storage above dock doors|
|Trailer Parking||49 drop spots.|
|Auto Parking||Up to 131 parking spaces|
|Pavement||Curbed concrete throughout|
|Truck Court||75’ dock apron with 139’ of truck maneuverability|