Rendering of the Elgin, Ailing., challenge. Picture courtesy of Seefried Properties and Harris Architects
Seefried Properties has damaged floor on a 465,360-square-foot speculative industrial challenge in Elgin, Ailing., within the Chicago space. The architect of report is Harris Architects, with FCL Builders performing as common contractor and Spaceco offering civil engineering providers.
Plans name for 2 separate buildings spanning 320,946 and 144,414 sq. ft, respectively. Each are slated to characteristic clear heights between 32 and 36 ft, 185-foot deep truck courts, 236 trailer areas, in addition to ESFR sprinkler techniques. The services will be capable of accommodate tenants needing between 25,000 and 465,000 sq. ft. Completion of the Class A campus is predicted within the third quarter of subsequent 12 months.
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Positioned on the intersection of Madeline Highway and Alft Lane, the event website is close to Interstate 90 and roughly 42 miles from Chicago, in addition to 33 miles north of Naperville, Ailing.
Cushman & Wakefield Government Vice Chair Jason West together with Government Director Doug Pilcher are advertising and marketing the challenge on the market or lease.
As of Might, there have been 618.9 million sq. ft of commercial house below building nationally representing 3.4 % of whole inventory, a latest CommercialEdge report reveals. Within the Midwest, Chicago’s provide pipeline is main when it comes to sq. footage with 23.3 million sq. ft below improvement, in accordance with the identical supply. Just lately, Logistics Property Co. broke floor on a 665,000-square-foot challenge within the metro space.
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