Chicago & Midwest + Greater Chicagoland + Industrial | June 27, 2022

Huntley Commercial Center in Huntley, IL has launched construction with a 540960-square-foot speculative industrial warehouse

JV Launches Large-Scale Spec Industrial in Chicagoland’s I-90 Corridor

Construction has begun on Huntley Commercial Center, a speculative industrial development in Huntley, IL, within Chicagoland’s I-90 corridor. Going vertical is a 540,960-square-foot Class A building slated for delivery in late 2023. There’s also an 11.6-acre site for a 177,320-square-foot build-to-suit, available for immediate development.

Newmark senior managing director Adam Marshall and director Mark Deady will serve as leasing advisors for the property, representing the developer HIP, a joint venture among affiliates of Craig Realty Group, Inc., The Prime Group, Inc., and The Capital Companies.

“A site for large-scale speculative development in the I-90 corridor that can accommodate an industrial/distribution tenant over 500,000 square feet that is already zoned, improved and ready for immediate development is critical right now,” said Marshall.

Deady added, “With the building materials already secured, the imminent construction of this development will be timed to deliver to a market with very little Class A industrial availability.”

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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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