Cawley Commercial Real Estate has arranged a long-term industrial lease on behalf of Coda Resources at 2000 S. Rowell Avenue in Joliet, Illinois. The agreement covers 244,343 square feet within a 399,930-square-foot distribution facility that was recently developed by Cabot Properties. The building is described as newly constructed and modern, positioning it to accommodate contemporary logistics and production requirements.
The Cawley CRE team representing Coda Resources consisted of Frank Melchert, SIOR, along with Stevan Arandjelovic and Simon Porras. On the ownership side, Steve Ostrowski of Colliers represented the landlord in negotiating the transaction. The lease term extends 75 months, giving the tenant a multi-year commitment to the location and establishing a stable occupancy profile for the property.
The Joliet facility offers features aimed at efficiency and logistics performance, including intermodal access intended to connect the building to regional and national transportation networks. The property is equipped with 50 dock doors and a clear height of 36 feet, supporting high-volume throughput and modern racking configurations. Coda Resources is expected to take occupancy of the space in September 2026, allowing time for any interior build-out or operational setup required before the start of full operations.
Coda Resources has been in business for more than 75 years, manufacturing consumer and industrial products. The company owns and operates offices, factories, and warehouse facilities worldwide, and the new Joliet lease adds another location to its global real estate footprint. By securing this space, Coda aligns its operations with a facility designed to handle contemporary production and distribution needs.
Commenting on the lease, Melchert noted that the Cawley CRE team is pleased to support Coda Resources in obtaining a building that matches both its immediate operational requirements and its long-term growth plans. He added that the transaction illustrates the continued demand for high-quality industrial space that combines modern functionality with strong logistics capabilities. The deal highlights how newly built industrial assets with robust transportation linkages continue to attract established manufacturing and distribution users seeking efficiency and scale.
