Rivian Distribution Center — Sale in Normal, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Normal, IL 61761

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Description

Jones Lang LaSalle (JLL), as exclusive advisor to Ownership, is pleased to market for sale the fee-simple interest in the Rivian Logistics Center (the Property or Asset). Located in Normal, Illinois, this premium 200,000-square-foot industrial facility is 100% leased to Rivian Automotive through March 2033. Directly adjacent to the Subject Property sits Rivian's Normal manufacturing plant, the company's flagship 5.5 MSF facility employing plus or minus 8,000 non-union workers and producing its Amazon electric delivery vans, R1, and R2 vehicles. This Property supports the plant's manufacturing operations in two ways, storage and just-in-time delivery of MRO equipment and the manufacturing of R1 and R2 seats. The facility is highly automated and represents mission-critical support operations for Rivian's only manufacturing plant, demonstrating the tenant's commitment to both Normal, IL and the Property. Located directly adjacent to Rivian's Normal facility, the property's long-term operational utility is anchored by a newly completed 1.1-million-square-foot factory expansion. This massive capital upgrade was built to launch Rivian's mass-market R2 midsize SUV platform. With customer-ready R2 models actively rolling off the line, the neighboring production campus has scaled its total capacity to 215,000 electric vehicles annually. Consequently, this offering presents investors with a rare opportunity to acquire a mission-critical logistics asset deeply embedded within a rapidly scaling, heavily backed automotive ecosystem.

Market Context

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