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CRG Launches Its First Chicago-Area Industrial Project
CRG, the real estate development and investment arm of Chicago-based Clayco, broke ground recently on The Cubes at Country Club Hills, a 1,033,450-square-foot speculative industrial facility at the intersection of I-57 and I-80 in Country Club Hills, IL.
The 70-acre project, which includes 1,000 feet of Interstate frontage, is expected to deliver in the second quarter of 2022.
The facility is the first CRG industrial development in the Chicago area and the first under the firm’s new fund, U.S. Logistics Fund II. The fund launched this year with the goal of developing e-commerce and logistics facilities across key U.S. logistics markets.
“Chicago is a top industrial market nationally, and it’s also our home, so this is a special project for all of us,” said Jeff Lanaghan, SVP and Midwest Region industrial leader for CRG. “It’s a model for all we’re capable of here at CRG.”
- ◦Development

