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Chicago & Midwest  + South Side  + Industrial  |  November 15, 2024
Jasmine Kilman
By: Jasmine Kilman

Missner, Greystar-Thackeray Form JV for Chicago Stockyards Project

The Missner Group (TMG) and Greystar-Thackeray have formed a joint venture to develop a speculative industrial building at 4002 S. Princeton Ave. in Chicago’s historic Stockyards.

“We are excited to expand our relationship with Greystar-Thackeray. This project reflects our shared vision for delivering dynamic, high-performance industrial assets in Chicago,” said Barry Missner, CEO of The Missner Group. “The Stockyards location is ideal for businesses seeking close proximity to key regional and national infrastructure with access to a strong labor pool, and we look forward to bringing this facility to market.”

The joint venture is in addition to an existing value-add acquisitions venture between TMG and Greystar-Thackeray, launched in April 2024. Slated to break ground in Q1 2025, the LEED-certified building will feature 20 exterior loading docks, two drive-in doors, 36 trailer positions, and parking for 208 cars. Located less than half a mile from a full Dan Ryan interchange, the site provides easy access to Pershing Road.

Michael Brennan will receive Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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