No Speculation About Strength of Spec Industrial
Accessibility is the name of the game in Chicago’s high-velocity industrial market — and the I-55 Corridor is coveted for that reason. For insights on the strength of the sunmarket, Taylor Johnson connected Chicago Industrial Properties with HSA Commercial Real Estate, which just completed the final phase of its Park 355 development in Woodridge. As HSA’s Tim Thompson explains in the Q&A, while big-box projects account for much of the development activity in the submarket, there’s also an appetite for smaller spaces like those at Park 355, one of the only new-construction options for users requiring as little as 45,000 square feet.