Outrig Strengthens Industrial Portfolio by Acquiring Lakes Region Business Rentals in Illinois
In a significant strategic development, Outrig has expanded its portfolio in the small-bay industrial sector by acquiring Lakes Region Business Rentals, located at 27992 IL Route 120 in Lakemoor, Illinois. This acquisition marks Outrig's second venture into Lake County, further solidifying their presence in this growing region. The facility consists of well-maintained multi-building units that will be rebranded as Outrig Commerce Park Lakes Region.
One of the standout features of Outrig Commerce Park is the flexibility it offers to tenants, with warehouse units ranging from approximately 720 to 4,000 square feet. This scalability allows businesses to grow without the need for relocating, a significant advantage in today's fast-paced market environment. Each unit comes equipped with essential amenities including heating, 200 amps of electrical service, large overhead doors, and private restrooms. For added convenience, many units also feature office spaces, mezzanine lofts, and drive-through configurations, making them suitable for various uses—from small businesses and contractors to RV and boat owners and collectors in need of storage. Furthermore, the property offers additional outdoor space for ancillary storage needs.
Greg Kranias, Founder of Outrig, expressed enthusiasm about the acquisition, stating, "Lakes Region Business Rentals is an excellent addition to our expanding small bay industrial portfolio. The property's flexibility and quality construction enable us to cater to a diverse tenant base ranging from storage users to small businesses." Kranias highlighted how the property's close proximity to their existing Outrig – Lake County facility will allow for optimized operations and improved service for tenants.
Looking ahead, Outrig aims to enhance this already prominent site with various property improvements that will elevate the tenant experience. The company is committed to providing best-in-class amenities along with a flexible leasing model, ensuring that Outrig Commerce Park Lakes Region becomes an affordable yet functional choice for tenants looking for growth opportunities within the greater Lake County and McHenry County areas.
As the demand for small-bay industrial spaces continues to grow, Outrig is well-positioned to meet the needs of the market through strategic expansions and enhancements to its properties. Companies interested in leasing at Outrig Commerce Park Lakes Region can find further details by visiting their official website.
One of the standout features of Outrig Commerce Park is the flexibility it offers to tenants, with warehouse units ranging from approximately 720 to 4,000 square feet. This scalability allows businesses to grow without the need for relocating, a significant advantage in today's fast-paced market environment. Each unit comes equipped with essential amenities including heating, 200 amps of electrical service, large overhead doors, and private restrooms. For added convenience, many units also feature office spaces, mezzanine lofts, and drive-through configurations, making them suitable for various uses—from small businesses and contractors to RV and boat owners and collectors in need of storage. Furthermore, the property offers additional outdoor space for ancillary storage needs.
Greg Kranias, Founder of Outrig, expressed enthusiasm about the acquisition, stating, "Lakes Region Business Rentals is an excellent addition to our expanding small bay industrial portfolio. The property's flexibility and quality construction enable us to cater to a diverse tenant base ranging from storage users to small businesses." Kranias highlighted how the property's close proximity to their existing Outrig – Lake County facility will allow for optimized operations and improved service for tenants.
Looking ahead, Outrig aims to enhance this already prominent site with various property improvements that will elevate the tenant experience. The company is committed to providing best-in-class amenities along with a flexible leasing model, ensuring that Outrig Commerce Park Lakes Region becomes an affordable yet functional choice for tenants looking for growth opportunities within the greater Lake County and McHenry County areas.
As the demand for small-bay industrial spaces continues to grow, Outrig is well-positioned to meet the needs of the market through strategic expansions and enhancements to its properties. Companies interested in leasing at Outrig Commerce Park Lakes Region can find further details by visiting their official website.
Topics General Business）
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