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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  February 27, 2019
Paul Bubny
By: Paul Bubny

Pizzuti and Molto Plan Spec Build in I-88 Submarket

The Pizzuti Companies and partner Molto Properties have announced plans for a new 274,000-square-foot speculative industrial building in Aurora, IL. Located on Mitchell Road in the I-88 submarket, the project will offer Interstate access and highway visibility.

Situated on approximately 16 acres and designed for both single-and multi-tenant users, the project is designed to provide flexibility to modern logistics users. The building will feature 32-foot clear heights, 52 loading docks, 49 trailer spaces, 238 car parking spaces, and LED lighting throughout the warehouse.

Construction is scheduled to begin in the early spring of 2019, with delivery scheduled in the third quarter of 2019. A CBRE team of David Prell and Jeff Kapcheck will handle leasing for the development.

The announcement comes just two weeks after Pizzuti announced plans for another spec industrial project, this one to be developed in West Jefferson, OH, near Columbus.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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