Logistics Property Co. Continues to Expand Its Midwest Portfolio
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Strategic web page invest in marks the industrial platform’s initially foray into the coveted Interstate 88 submarket
CHICAGO, March 31, 2022–(Business enterprise WIRE)–Logistics Property Organization, LLC (LPC), a fast rising industrial genuine estate developer, trader and manager in North America, is scheduled to commence development on a 392,933-sq.-foot, contemporary logistics facility situated at 2800 West Diehl Highway in Aurora, Sick.
The 30.7-acre web page is conveniently positioned at the Eola Road Exit on I-88 positioned right concerning Naperville and Aurora – the next and 3rd major metropolitan areas in Unwell. respectively. The venture will be recognised as 2800 West Diehl and is scheduled for shipping in early 2023.
“Love the visibility and frontage on I-88 listed here,” mentioned Aaron Martell, Government Vice President – Central Region at LPC. “It didn’t truly feel like there were a ton of eyes on this one, so many thanks to Hiffman for trusting in us to accomplish.”
The high quality site is just one of the last web sites in a approximately constructed out sub-current market that requires additional room.
“We come to feel this is certainly a person of the greatest located web sites in the entire Chicago MSA. This challenge sits directly on the 4-way interchange and will present a tenant instant highway accessibility and special expressway visibility,” claimed Michael Freitag, Vice President at NAI Hiffman. “It’s an ideal place for any corporate headquarters.”
Kelly Disser, Michael Freitag and Ben Ryan at NAI Hiffman are marketing the home and Meridian Structure Build will be managing design.
About Logistics Property Co.
Logistics Property Enterprise, LLC (LPC) is an industrial serious estate corporation targeted on the acquisition, improvement, and management of modern logistics qualities. The team is led by a various administration team that averages far more than 25 several years of expertise and has designed much more than 54.7 million sq. feet of logistics buildings since 1995. LPC is headquartered in Chicago with a lot more than 70 personnel strategically positioned throughout 8 workplaces. Its portfolio at the moment contains 50 buildings throughout 22 million square toes in crucial logistics marketplaces across North America with an approximated close benefit of extra than $3 billion. For even further details, you should pay a visit to logisticspropco.com and stick to @logisticspropco.
Watch supply version on businesswire.com: https://www.businesswire.com/news/household/20220331006003/en/
Contacts
Media Contact
Jude Fitzgerald
Main Marketing Officer, Logistics Home Co.
+1 708 667 6972
[email protected]
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