Chicago’s Top 10 Industrial Projects Currently Under Construction

Top Chicago Industrial Real Estate Construction Projects - Cawley Chicago

The industrial real estate market in Chicago has adapted to the economic shifts caused by the pandemic. Fortunately, there are a lot of new warehouse projects in the area being built currently. It is a positive sign of the rising demand for industrial real estate properties in Chicago and the surrounding areas.

Cawley Chicago pulls the Top 10 Industrial Projects Under Construction regularly to give an idea of the commercial real estate properties arising in the area.

Key Stats for Chicago Industrial Projects Under Construction

# of Properties: 60
Total Square Feet Under Construction: 21,590,895
Percent of Inventory Under Construction: 1.8%
% of Preleased Property Space: 57.9%

Top 10 Under Construction Industrial Projects in Chicago

1) Ferrara Candy – Gurler Rd

Rating: 5
Building Square Feet: 1,660,00
Stories: 1
Project Start Date: February 2020
Project End Date: May 2021
Developer / Owner: Trammell Crow Company / Ferrara Candy Company

2) Medline Industries – 20444 W Peterson Rd

Rating: 5
Building Square Feet: 1,400,000
Stories: 1
Project Start Date: December 2019
Project End Date: February 2021
Developer / Owner: The Alter Group / Medline Industries

3) Building B BTS – 24101 S Bradley Rd

Rating: 4
Building Square Feet: 1,360,520
Stories: 1
Project Start Date: September 2020
Project End Date: October 2021
Developer / Owner: Venture One Real Estate / USAA Real Estate

4) CenterPoint Intermodal – 3501 Brandon Rd

Rating: 5
Building Square Feet: 1,128,258
Stories: 1
Project Start Date: July 2020
Project End Date: February 2021
Developer / Owner: CenterPoint Properties

5) Amazon – 23257 S Central Ave

Rating: 5
Building Square Feet: 1,015,000
Stories: 1
Project Start Date: July 2020
Project End Date: February 2021
Developer / Owner: Venture One Real Estate

6) Exchange 55 – 3501 S Pulaski Rd

Rating: 5
Building Square Feet: 999,900
Stories: 1
Project Start Date: July 2020
Project End Date: April 2021
Developer / Owner: Hilco Real Estate / Hilco Redevelopment Partners

7) Facebook DeKalb Data Center – Gurler Dr

Rating: 5
Building Square Feet: 907,000
Stories: 1
Project Start Date: October 2020
Project End Date: October 2021
Developer / Owner: Not Listed / Facebook

8) 3835 Youngs Rd

Rating: 5
Building Square Feet: 906,517
Stories: 1
Project Start Date: March 2020
Project End Date: August 2021
Developer / Owner: Clarius Partners, LLC / Not Listed

9) Amazon – 7001 Vollmer Rd

Rating: 5
Building Square Feet: 823,173
Stories: 1
Project Start Date:August 2020
Project End Date: March 20201
Developer / Owner: Seefried Properties, Inc. / Amazon

10) LogiPost 57 – 80 Bldg 2 – S Cicero Ave

Rating: 4
Building Square Feet: 810,000
Stories: 1
Project Start Date: April 2020
Project End Date: February 2021
Developer / Owner: Logistics Property Company, LLC / Gatling Community Development

View the Latest Comprehensive Chicago Industrial Real Estate Report

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