Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Principle Completes Spec Warehouse in Elk Grove
Principle Construction Corp. has completed a speculative warehouse construction project for Seefried Properties at 2001 Arthur Ave. in Elk Grove Village, IL.
The project is a 79,205-square-foot building with 75,245 square feet of warehouse space and 3,960 square feet of office. Its owner will be doing business as CH Realty VII/I Chicago Lunt LLC.
“This is yet another sign that Chicago industrial properties remain strong,” said Principle COO Mark Augustyn. “There is high demand for high quality, mid-size buildings in infill markets and we aim to help fulfill that demand.”
The property was constructed on 11.68 acres of land. It includes 18 docks, two drive-in doors, an ESFR wet pipe system, a three-phase electrical system and a ballasted rubber roof system.
To maximize the building footprint, a complete underground storm water detention system, in compliance with MWDR’s latest water quality standards, was constructed.
Get Chicago News in 150 WordsFor comments, questions or concerns, please contact Paul Bubny
- ◦Development
