When Slone Commercial’s Joyce Slone began representing a farmer looking to offload a tract of land in suburban Yorkville in April 2007, Apple hadn’t released the first iPhone yet. Nearly 17 years and 42 iPhone models later, Slone finally sold three parcels totaling almost 330 acres for more than $10.1M to EPC Holdings and SOO Green. The transactions included some of the last large parcels of land available for industrial development in the Interstate 55 submarket, and they will all be a part of the Lincoln Prairie industrial development. Slone closed on the final parcel at the end of last year, and JLL is marketing the site to be developed into a large industrial building or data center. “It's going to put Yorkville on the map,” Slone said. “It's going to bring so many jobs, and everybody's been so great to work with over the years. It ended up being a win-win for everybody waiting this long.”
Slone initially represented the father of the family who owned the land when she began marketing the property nearly two decades ago, but after he died, she continued to work with his sons. Slone began her lengthy journey to market the property innocuously. She was representing a lumber company that needed… Read the full story here. |