Episode 23: Truck Terminal Takeover

Truck terminals are a crucial part of our daily lives—whether we realize it or not. In the Chicago metro market alone, there are 200 terminals making up roughly 9.3 million square feet. In this episode of JLL Chicago Industrial Real Time, we discuss truck terminal facilities, what they are and how they're used. Time stamps: 1:28 – Costs associated with trucking terminals 3:21 – Coverage and land-to-building ratio 4:58 – The layout of a trucking terminal 9:32 – Valuation of truck terminals 14:20 – The challenges of establishing a truck terminal 16:10 – Sale and lease pricing