Chicago & Midwest + Greater Chicagoland + Industrial | June 24, 2021

Sterling Bay Breaks Ground on Spec Industrial in O’Hare Corridor

Sterling Bay’s industrial platform, Sterling Bay Industrial, hosted a groundbreaking ceremony on Tuesday alongside Premier Design + Build Group to mark the start of construction on 545 Lamont Rd., a 150,000-square-foot speculative industrial facility in Elmhurst, IL, within the O’Hare Industrial Corridor.

Currently housing a 79,600-square-foot vacant office building that will be razed, the new facility is slated to deliver in January 2022.

“The O’Hare Industrial corridor is one of the most dynamic, diverse and dense industrial submarkets in the country right now, representing major industries from manufacturing to distribution to air freight,” said Ron Frain, principal of Sterling Bay Industrial.

He continued, “Our development of a state-of-the-art warehouse facility in a high-growth and proven submarket like this one is exactly the kind of opportunity Sterling Bay Industrial is seeking as we continue to expand our footprint in the sector, both in Chicago and new markets across the country.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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