US·Financing·Industrial
Industrial Realty Group secures $64.4M PNC loan after 1.4M SF Hyundai lease
Value
$64.4M
Location
Joliet, Will County, Illinois
Date
2026-04-09
Companies
Industrial Realty Group, PNC Bank, Hyundai Translead
The Real Deal reported that Industrial Realty Group obtained $64.4 million of financing from PNC Bank secured by its Joliet industrial property, after Hyundai Translead agreed to lease 1.4 million square feet at the former Caterpillar plant. The property includes 2200 and 2300 Channahon Road in Joliet.
industrialsingle-tenantmortgagelease
Source
The Real Deal