Chicago & Midwest + Greater Chicagoland + Industrial | September 7, 2023

Standard Real Estate Invests in TCC’s Woodridge Industrial Center

Standard Real Estate Investments, a minority-owned national real estate investment and development firm, made an equity investment through its new $150 million investment vehicle in the Woodridge Industrial Center.

A 217,000-square-foot logistics facility, Woodridge Industrial Center, will be developed by Trammell Crow Company (TCC). The facility is located on a 17-acre parcel in the Village of Woodridge, Illinois, and is expected to be complete in the summer of 2024. Located at 8110 Lemont Road, the Woodridge Industrial Center is two miles north of the I-55/I-355 interchange and will include modern industrial features.

“The Woodridge Industrial Center is located on a rare infill site within the Village of Woodridge, providing a 40-minute drive to the inner core of Chicago. With this strategic location, future users will be able to efficiently reach more than four million people within a 20-mile radius,” said Josh Udelhofen, senior vice president with TCC Chicago.

Connect

Inside The Story

Standard Real Estate InvestmentsTCC

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.

Order Reprints