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Chicago & Midwest  + South Side  + Industrial  | 

Missner Group Breaks Ground on Chicago Stockyards Development

The Missner Group (TMG) has broken ground on 4002 S. Princeton Ave in Chicago’s historic Stockyards, a new 180,900-square-foot, speculative industrial development.

The project, funded through a joint venture with investment partner Greystar-Thackeray, is expected to be completed in Q2 2026. CBRE’s Larry Goldwasser, Colin Green, and John Marks are overseeing leasing.

“I’m looking forward to beginning work on 4002 South Princeton, which represents an incredible opportunity for industrial and manufacturing tenants looking for build-to-suit space specialized for their needs,” said TMG President Barry Missner. “The Stockyards’ close proximity to both major transportation linkages and a large blue collar workforce makes this building a versatile option for any company’s needs.”

Upon completion, the LEED-certified building will feature 20 exterior loading docks, two drive-in doors, 36 trailer positions, and parking for 208 cars. The building also qualifies for Chicago’s 6b tax incentive on new or substantially rehabilitated industrial development.

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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.