Industrial Property Identification

Industrial property identification service specializes in sourcing warehouses, distribution centers, manufacturing facilities, and flex industrial properties that qualify as like kind replacement properties for Chicago, IL investors. This service focuses exclusively on industrial assets nationwide to help investors meet their forty five day identification deadline and one hundred eighty day closing requirement.

Our team maintains relationships with industrial brokers, logistics developers, and warehouse operators across all major markets. We provide property underwriting, lease analysis, and market data specific to industrial assets. The service coordinates with your Qualified Intermediary to ensure proper identification letter structure and works with qualified escrow agents to facilitate compliant closings within the one hundred eighty day window.

Chicago, IL investors benefit from our specialized focus on industrial properties, which often have unique characteristics such as clear height, dock doors, and logistics infrastructure requirements. We understand the specific requirements for industrial replacement property identification and can help structure exchanges that comply with IRS like kind rules while meeting operational needs.

What We Include

  • •Specialized industrial property sourcing nationwide
  • •Warehouse, distribution center, and manufacturing facility identification
  • •Industrial lease analysis and tenant credit reviews
  • •Market data specific to industrial assets and logistics markets
  • •Coordination with Qualified Intermediary for identification letters
  • •Qualified escrow coordination for one hundred eighty day closings
  • •Daily deadline monitoring for forty five day and one hundred eighty day milestones
  • •Property underwriting summaries specific to industrial assets

Common Situations

Chicago, IL investor selling commercial property and needs to identify industrial replacement properties within forty five days

Investor seeking warehouses with specific logistics requirements and needs specialized industrial sourcing support

Investor with multiple industrial identification options and needs underwriting analysis to make selection decisions

Example of the type of engagement we can handle

Service Type

Industrial Property Identification

Scope

Identify industrial replacement properties including warehouses and distribution centers across major metropolitan markets nationwide within forty five day deadline

Client Situation

Investor selling Chicago office property and needs to identify industrial replacement properties with rail access in multiple markets before forty five day deadline

Our Approach

Specialized industrial sourcing team scanning warehouse and distribution center inventory nationwide, providing lease analysis and market data, coordinating with Qualified Intermediary for identification letter structure

Expected Outcome

Multiple vetted industrial replacement property options identified with complete underwriting data and compliance documentation before forty five day deadline

Educational content only. Not tax, legal, or investment advice.

Related Services

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Flex Space Identification

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Property Identification Concierge

White glove outreach to sponsors, brokers, and developers to secure vetted replacement options.

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Frequently Asked Questions

What identification rules apply to industrial property identification for Chicago, IL investors?
Chicago, IL investors identifying industrial replacement properties can use the three property rule, two hundred percent rule, or ninety five percent rule. Our service helps structure identification letters that properly document industrial properties and coordinate delivery to your Qualified Intermediary to ensure compliance with IRS requirements.
How does boot calculation work for Chicago, IL investors exchanging into industrial properties?
Boot calculation for Chicago, IL investors exchanging into industrial properties depends on factors such as cash received, debt relief, and personal property included in the exchange. Our industrial identification service documents each potential boot source, but investors should work with their tax advisors to calculate the correct tax impact for their specific situation.
Can Chicago, IL investors identify different types of industrial properties in the same exchange?
Yes, Chicago, IL investors can identify different types of industrial properties such as warehouses, distribution centers, and manufacturing facilities in the same exchange, as long as they meet IRS like kind requirements. Our service helps structure identification letters that properly document multiple industrial property types while maintaining compliance.
What happens if Chicago, IL investors need to identify industrial properties with specific logistics requirements?
Chicago, IL investors needing industrial properties with specific logistics requirements such as rail access, clear height, or dock door counts can work with our specialized industrial identification service. We source properties that meet both IRS like kind requirements and operational needs, helping investors identify suitable replacement properties before the forty five day deadline.
How does industrial property identification help Chicago, IL investors meet timing deadlines?
Industrial property identification helps Chicago, IL investors meet timing deadlines by providing immediate access to nationwide industrial inventory and specialized expertise in this asset class. Our service begins sourcing industrial replacement properties right after your relinquished property closes, maximizing your options before the forty five day identification deadline expires.

Ready to Get Started?

Contact our team to discuss how Industrial Property Identification can support your 1031 exchange in Chicago, IL. We'll help you navigate the 45-day identification deadline and 180-day closing requirement.

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