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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.”
- ◦Development