Chicago & Midwest + Greater Chicagoland + Industrial | February 22, 2023

Chicago-based real estate developer CRG has secured a one-million-square-foot tenant for The Cubes at Country Club Hills in Chicago's south suburbs

CRG Secures 1M-SF Full-Building Lease in Country Club Hills

CRG, a Chicago-based national real estate development and investment firm, has executed a full-building, 1,033,450-square-foot lease at The Cubes at Country Club Hills, a speculatively developed industrial facility in Country Club Hills, IL. The project is CRG’s first The Cubes-branded industrial development in the Chicago area and the lease is among the largest in the south suburbs over the past 12 months.

“With proximity to a wide swath of the U.S. population, the Midwest ranks as a top industrial market, and modern super-bulk facilities like this one are in short supply,” said Jeff Lanaghan, SVP and partner for the Midwest region at CRG.

The undisclosed tenant is a national manufacturer that plans to utilize the location for its Midwest distribution operations. Newmark’s Adam Petrillo, Al Petrillo, Steve Korfiatis and Corey Chase represented the tenant, while CRG was represented by Cushman & Wakefield’s Jason West, Shawn Henrick and Ryan Klink.

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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 13-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 15-20 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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