CBRE, Inc., as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire a 624,000 brand new industrial building in Kalamazoo, MI. The Property is 100% leased to Allen Distribution through Dec-2030 with 4.0% annual rent increases. The Property was built in Phases. Phase I was completed in Nov 2023. Phase II will be completed on Sep 1, 2024. The Property was a build-to-suit for Allen Distribution, an established 3PL, featuring state of the art building design, and situated in a market featuring strong tenant demand an no new supply of product. The Property is being offered without an asking price. All investors should base their offer and pricing on the “As Is, Where Is” condition of the Property at the completion of Phase II.