Seefried Signs First Lease as it Breaks Ground on Spec Warehouse in Booming O’Hare Submarket

Seefried Properties has broken ground on a new 80,053-square-foot speculative distribution facility in Mount Prospect, IL.  

The Class A project is located in the heart of the O’Hare industrial submarket only 2.5 miles from the airport’s North Cargo Gate and will be designed to accommodate freight-forwarding and air cargo warehousing. 

This is the 14th building Seefried has developed within the O’Hare market. 

Within one week of breaking ground on the new facility, Seefried says its first lease has been signed. World Courier Inc., a medical logistics company and wholly owned subsidiary of AmerisourceBergen, has leased 34,011 square feet.  

Mike Feeney and Jay Cook with Cresa represented the tenant and Mike Sedjo, Jack Brennan, John Hamilton and Ben Dickey of CBRE represented Seefried. 

“With vacancy rates in Chicago reaching record lows, we’re excited to bring new class A product to the market,” said Dave Riefe, SVP of Seefried. “We continue to seek out infill locations in Chicago and the greater Midwest to provide supply for the growing demand.”