Chicago & Midwest CRE News In Your Inbox.

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

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Greater Chicagoland  + Industrial  | 
Logistics Property Building Logistics Facility in West Suburban Chicago

Logistics Property Building Logistics Facility in West Suburban Chicago

Industrial developer Logistics Property Company, LPC, has acquired a 17.6-acre site in  Aurora, IL that  is one of the last developable parcels adjacent to the desirable I-88 and Route 59 interchange in west suburban Chicago, LPC announced.

Construction has begun on the 270,934 sf warehouse logistics facility and completion is scheduled for early 2023. The site is known as the Butterfield Distribution Center and LPC looks to build upon the historical success of the location, the company said. 

“When we identify a target submarket we want as much land as possible. Our two sites in Aurora, while not contiguous, will benefit from numerous economies and efficiencies,” said Aaron Martell  Executive Vice President – Central Region at Logistics Property Company.

Michael Magliano and David Friedland Executive Director and Chicago Industrial Group Leader at Cushman & Wakefield  are marketing the property. Pepper Construction is the general contractor.

Connect

Inside The Story

Logistics Property Company

About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

  • ◦Development
NAIOP-11-cube
New call-to-action