Molto Properties Sells 100,871-SF Class A Industrial Building in Woodridge to Close Out Spec Development Cycle
Molto Properties has sold a 100,871-square-foot Class A industrial facility at Woodridge Commerce Center, located at 2250 W 75th Street in Woodridge, Illinois, the company announced September 4. Cushman & Wakefield's National Industrial Advisory Group served as exclusive advisor to the seller, while Cushman & Wakefield's Equity, Debt and Structured Finance Group arranged acquisition financing on behalf of the buyer.
Property and Tenant Profile
Delivered in 2022 as a speculative development, the building sits at the interchange of I-355 and 75th Street within Chicago's I-55 Corridor submarket, providing direct access to both I-355 and I-55. The facility features 32-foot clear height and carries strong interstate visibility, with retail, restaurants, hotels, and other amenities in close proximity — attributes that support both logistics users and labor recruitment.
The property is 100% leased to two tenants at the time of sale. In late 2023, J&P Warehousing/Tardella Foods, a food distribution company focused on grain commodities, signed a long-term lease for approximately 64,643 square feet at the building. The remaining roughly 37,228 square feet was subsequently absorbed by a second tenant prior to the sale, bringing the building to full occupancy. At the time of the disposition, the property carried a 7.0-year weighted average lease term as of July 1, 2026, with annual rent escalations ranging from 3.00% to 3.75%.
A Spec-to-Stabilized Disposition Strategy
The transaction represents the completion of a development-to-disposition cycle for Molto: the firm built the facility on a speculative basis, leased it to stabilization, and sold it as a fully occupied, long-term-leased asset. This pattern is consistent with Molto's broader platform approach. The company previously sold another industrial asset within the same Woodridge Commerce Center micro-market — a 129,241-square-foot building on Davey Road at 2240 W 75th Street — to Terrazzo & Marble Supply, underscoring a pattern of developing and monetizing assets in this submarket.
Molto is a privately held industrial real estate company founded in 2008. Since inception, the firm has acquired or developed nearly 20 million square feet of industrial real estate valued in excess of $1.2 billion, with a geographic focus on the Midwest, Texas, and California.
Chicago Industrial Market Context
The sale comes as Chicago's industrial market continues to post tight vacancy conditions, with availability in the mid-4% range. The I-55 Corridor, one of the Chicago metro's established distribution corridors, benefits from proximity to major interstate infrastructure and a deep labor pool — factors that have sustained leasing demand and supported investment activity in the submarket. The investment thesis for the buyer centers on the property's full occupancy, the long weighted average lease term, and the embedded rent growth from the 3.00–3.75% annual escalation schedule built into the leases.
Cushman & Wakefield's Dual Role
Cushman & Wakefield played a dual role in the transaction. The firm's National Industrial Advisory Group represented Molto as exclusive advisor on the disposition, while its Equity, Debt and Structured Finance Group arranged the buyer's acquisition financing.
Sources
Molto Properties – Woodridge Commerce Center Sale Announcement (September 4, 2026)