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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  January 28, 2021
Paul Bubny
By: Paul Bubny

Venture One Brings Channahon Park to 100% Occupancy

Venture One Real Estate has added CJ Logistics America and ScottsMiracle-Gro to the tenant roster at Crossroads 55 in Channahon, IL. The two companies together with an undisclosed e-commerce company bring Crossroads 55 Business Park to 100% occupancy with total leases in excess of 3.3 million square feet.

CJ Logistics America recently took occupancy of the existing 1,000,110-square-foot distribution facility located at 24101 S. Frontage Road.  CJ Logistics America was represented by Colliers International’s Lynn Reich and Suzanne Serino.

Venture One also recently commenced construction of a 1.3-million-square-foot build-to-suit for ScottsMiracle-Gro. Clayco is the design-builder and delivery is scheduled for the fourth quarter. ScottsMiracle-Gro was represented by CBRE’s David Prell and Philip Pelok.

Last November, Venture One completed a 1,077,860-square-foot BTS within Crossroads 55 for an undisclosed e-commerce company.

In all transactions, Crossroads 55 was represented by Jim Estus and Brian Kling of Colliers International.

For comments, questions or concerns, please contact Paul Bubny

Read More News Stories About: CBRE
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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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