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News release

CHICAGO, IL

JLL Industrial Team Selected to Lease Spec Building in Elgin

Zilber Property Group’s newest development caters to corporate and entrepreneurial users in Kane County


CHICAGO, IL, April 6, 2016 — On behalf of Milwaukee-based developer Zilber Property Group, JLL today announced that the firm has been named the exclusive marketing and leasing representative for a new, big box speculative industrial building that is being developed in a prime Elgin location.

Dominic Carbonari and Frank Griffin, Executive Vice Presidents with JLL, are marketing Zilber Industrial I, a 257,344 square-foot building located at 2560 Auto Mall Drive, just north of I-90 within the Randall Road Corridor in Elgin. This location makes it the closest distribution facility to the I-90 and Randall Road intersection.

The building, now under construction and projected for an October 2016 delivery, is divisible to approximately 70,000 square feet. Additional features of the building include 32’ clear ceilings, 50’ x 55’6” bay sizes, 60’ staging bays, 24 exterior docks (which can be expanded), 4 drive-in doors and 327 parking spaces for autos (259 spaces) and trailers (68 spaces).

“This building by Zilber Property Group is in response to the tremendous growth and activity being seen in the Elgin market area over the last several years,” Carbonari said. “The market is strong, with robust demand from a variety of types of users that prefer and require a location in this part of the Chicago industrial marketplace.”

Griffin added that the size, design and location of the building make it equally as appropriate and attractive for single or multi-tenant users.

In addition to a highly accessible Kane County location, one of the key attributes of the property is its central location for clients with distribution needs. Zilber Industrial I is located 28 miles from O’Hare International Airport, 44 miles from Chicago Rockford International Airport and within nine hours of primary markets that include Memphis, Toronto, Kansas City, Indianapolis and Detroit, among many others.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

About Zilber Property GroupSM
Zilber Property GroupSM (www.zilberpropertygroup.com) is the trade name under which Zilber Ltd. markets its commercial real estate portfolio.  Zilber owns and manages 6 million square feet of commercial space.  The company is a diversified commercial and residential real estate development and asset management company with corporate offices in Milwaukee, Wisconsin and operations in Arizona, California, Florida, Hawaii, Illinois, Indiana, Nevada, Texas and Wisconsin.

For additional information, please contact Rachel Agba, Acquisitions and Leasing Manager at Zilber Property Group at 630-576-0014.