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


Chicago & Midwest  + Greater Chicagoland  + Illinois  + Industrial  | 

Principle Construction Building New Spec Warehouse for Stotan Industrial

Principle is constructing a new 100,000-square-foot warehouse at 350 N. Wolf Road in Mount Prospect, Illinois, for Stotan Industrial, a private equity-based industrial real estate acquisition and development firm.

The new speculative warehouse is located in the center of Mount Prospect’s central business district with close proximity to major expressways and airport cargo facilities. Principle’s Jim Greco is working as senior project manager while Principle’s Mark Frane serves as director of field operations. Harris Architects will serve as project architect.

“We demolished the former Comcast office facility, which had been vacant for quite some time and worked closely with Stotan to address a myriad of planning and zoning matters as well as civil engineering issues,” said Greco.

The industrial facility will feature a 32-foot clear height and two drive-in doors. To accommodate a variety of tenants the facility will include 2,000 amps of power and a roof-mounted MUA heating and ventilation system.


Inside The Story

Principle ConstructionStotan IndustrialHarris Arhictects

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.

New call-to-action
New call-to-action