Description

This multi-tenant industrial investment offers strong stability with recent lease extensions in place. The major tenant, Minova, occupies 25,800 SF of the 40,800 SF complex. Headquartered in Georgetown, Minova employs over 700 people and generates an estimated $274.4M in revenue. Founded more than 40 years ago, the company is a global leader in manufacturing and supplying chemical and mechanical earth control products, adhesives, and support equipment, with operations in more than 25 countries and facilities across five continents. Minova, wholly owned by Orica Limited, is a top provider of ground support solutions for the mining, construction, tunneling, and civil engineering industries. The property is located in Millstadt Industrial Park, less than a mile from IL Routes 158 and 163, and only five miles from IL Route 15.