High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Greater Chicagoland  + Industrial  | 
Industrial Outdoor Ventures has acquired land in Zion, IL for its first ground-up development in the Chicago area, a pair of industrial service facilities

Industrial Outdoor Ventures Plans First Chicago-Area Development

With the acquisition of two parcels totaling 56 acres of land near the Illinois-Wisconsin border in Zion, IL, Industrial Outdoor Ventures (IOV) is moving forward with the development of its Trumpet Park Spec Development, a pair of planned Industrial Service Facilities (ISFs). Combined, the two projects could offer almost 1,200 truck trailer parking spaces and more than 26,000 square feet of maintenance and service buildings. 

Although IOV has developed new ISFs in other parts of the country, this represents its first ground-up development in the Chicago industrial marketplace. 

“For many fundamental reasons, our first ground-up development in the Chicago market is a matter of right place, right time,” said Tom Barbera, CEO and Founder, IOV. “The Chicago industrial market, stretching up to Southeast Wisconsin, is and will remain strong and has all of the characteristics that will make this well-conceived development a long-term investment.” 

Connect

Inside The Story

Industrial Outdoor Ventures

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).

  • ◦Development