#United States #distribution #Mohr Capital #Dekalb

Mohr Capital Breaks Ground on a Major Distribution Facility

Mohr Capital has officially broken ground on an impressive new project—a 1 million-square-foot build-to-suit distribution facility located in DeKalb, Illinois. This strategic development, acquired on 147 acres, aims to serve a leading national client's expanding operational needs. A total potential expansion to 1.5 million square feet signifies the ambitious nature of this project, expected to become a cornerstone for regional logistics.

Situated at the key intersection of Peace Road and Fairview Drive, the new facility will be equipped with state-of-the-art technology designed to enhance warehouse and distribution functions. Gary Horn, Chief Development Officer at Mohr Capital, expressed enthusiasm about the partnership with the City of DeKalb, stating, “We are excited to partner with the City of DeKalb to deliver a Class A distribution facility that will support our client's growth.” This sentiment underscores the mutual benefits that such projects can foster within communities and businesses alike.

Mohr Capital has signed a compelling 12-year lease agreement with the client, showcasing both parties' confidence in the project's success. Bob Mohr, the Founder of Mohr Capital, highlighted the importance of their longstanding relationship, framing this development as a 'true win-win for all parties involved.'

In terms of execution, the project will see Pepper Construction take on the role of general contractor, ensuring that the facility is built to the highest industry standards. Additionally, Willet Hoffman will provide civil engineering, while Curran Architecture is on board as the project architect, contributing their expertise to ensure that every aspect aligns with operational requirements. Oversight of the development will be handled by CBRE's Chicago-based project management team, further solidifying Mohr Capital's commitment to delivering top-notch facilities.

About Mohr Capital

Mohr Capital is more than just a real estate investment firm; it's a respected entity in the development, acquisition, and ownership of industrial, office, and retail assets across the United States. With a strong emphasis on community relationships and high-quality project delivery, Mohr Capital has built a reputation that illustrates their commitment to excellence and tenant satisfaction. The creation of this distribution facility is just one of many steps towards fulfilling the demands of today’s dynamic market while providing value to tenants and investors.

As the company moves forward with this ambitious undertaking, it remains focused on fostering strong partnerships and ensuring that the facility not only meets but exceeds the expectations of its stakeholders. In a world where logistics and distribution capabilities are paramount, Mohr Capital's new facility in DeKalb is positioned to play a vital role in streamlining operations for its client and enhancing the regional economy.

For further inquiries, Morgan Gunnels from Mohr Capital can be contacted at 214-550-6442.