New speculative facility will address high demand for and limited availability of small-format logistics space
CRG, the national real estate development and investment firm, today announced it has broken ground on The Cubes at Cicero, a new 85,680-square-foot warehouse at 5401 W. Roosevelt Road in Cicero, Ill., immediately west of Chicago. The project marks a significant addition of modern logistics space in Chicago’s infill industrial market, where new supply is scarce.
The Cubes at Cicero will feature a 32-foot clear height, 16 dock-high loading doors, two drive-in doors and approximately 2,000 square feet of office space. The site offers excellent access to Interstates 290 and 55 and is less than 10 miles from downtown Chicago and about 6 miles from Midway International Airport. The building’s state-of-the-art design will cater to users seeking modern warehouse space in a prime infill location.
The announcement comes amid an extremely limited supply of small-footprint industrial developments in the Chicago market. According to Colliers, the area’s industrial vacancy rate stood at just 4.67% as of mid-2025, nearing an all-time low of 4.5%. Colliers also reported that tenants signed 10.7 million square feet of industrial leases in second-quarter 2025, the highest quarterly total in more than two years.
“The Cubes at Cicero is designed to meet the critical demand for modern logistics space in Chicago,” said Susan Bergdoll, senior vice president and partner for the Midwest Region at CRG. “By delivering a high-quality, well-located facility of this scale, we are addressing a segment of the market with extremely limited supply and giving tenants an option that simply hasn’t existed in this area until now.”
Colliers has been appointed as the exclusive leasing brokerage for The Cubes at Cicero. The Colliers team of Thomas Rodeno, Patrick Turner and Sean Austin will market the property to prospective tenants and guide leasing efforts through project completion.
CRG has selected DSI as the general contractor for The Cubes at Cicero, bringing deep experience in delivering high-quality industrial facilities on time and on budget. The project was designed by Lamar Johnson Collaborative (LJC), CRG’s integrated architecture and design firm, ensuring a cohesive approach that reflects the firm’s commitment to functional, modern industrial environments.
The launch of The Cubes at Cicero reaffirms CRG’s commitment to developing modern industrial facilities in strategic infill locations. As the real estate development arm of Clayco, the firm continues to invest in state-of-the-art projects like The Cubes at Cicero that align with market demand.
About CRG:
CRG is a privately held real estate development and investment firm with deep expertise in industrial, office, student housing, and data center assets. The firm serves clients and investors from seven regional offices, benefiting from local expertise in Chicago, St. Louis, Seattle, Southern California, Phoenix, Philadelphia and Atlanta. CRG has developed more than 12,500 acres of land and delivered over 220 million square feet of assets exceeding $14 billion in value. For more information, visit CRG’s website at www.realcrg.com.
About The Cubes:
The Cubes is a North American industrial brand owned and developed by CRG. The Cubes represents CRG’s philosophy of developing for the future and anticipating the enhanced needs of tomorrow’s modern industrial users. The Cubes are designed with an emphasis on sustainability and implement state-of-the-art specifications, including maximum clear heights, dock doors and trailer storage, to keep pace with the shift to consumer-centric logistic strategies. The Cubes are located in strategic locations that take into consideration both logistics and labor supply, always with the end user in mind.
CRG has broken ground on The Cubes at Cicero, a speculative 85,680-square-foot warehouse at 5401 W. Roosevelt Road in Cicero, Ill., immediately west of Chicago.