702771 - 3686 S Central Ave, Rockford IL 3

3686 South Central Avenue

This property is located on the north side of Southrock Drive, just northwest of the interchange of I-20 and Route 2 in the South Rock Industrial Park. The facility is leased to Pierce Packaging Co., a third party logistics service company. The facility is used as a regional distribution center.

Building Type

Regional Distribution Center

Property Type

Fully Leased

Date Acquired

12/31/2006

Year Built

1998

Total SF and/or Acreage

93,000

Space Available

N/A

Region

Midwest

Market

Chicago

Clear Height

28'

Energy Certification

N/A

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.

Experience:

  • Currently, Senior Vice President and Chief Operating Officer at Agiliti, a medical equipment management and services company
  • Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
  • Member of the Georgia Commission on Freight and Logistics
  • Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)

Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.

Committee Memberships

  •  Audit and Cyber Risk 
  • Nominating and ESG