Ridgeline Property Group (RPG) recently announced it will develop a 438,150-square-foot, Class A distribution center in Crest Hill, Illinois with capital partner, Cabot Properties Inc.
The project will be built on a 29-acre site that is located within the vibrant I-55 submarket at 16824 Enterprise Blvd. The companies acquired the site in the Crest Hill Industrial Park in September.
Site work is under way and pre-cast concrete/steel work will begin in January 2016 with completion slated for August 2016.
Existing tenants at Crest Hill Industrial Park include Rich Products Corp., Old Dominion Freight Line, Dayton Freight Lines and Aaron Thomas Company.
The cross-dock facility will feature 32-foot clear heights, four drive-in overhead doors, 36 exterior docks (expandable to 76), 319 car parking spaces, 163 trailer parking spaces, and Early Suppression Fast Response (ESFR) sprinklers. The building provides a functional layout which can accommodate a number of tenant layouts.
David Bercu and Jim Estus, both Principals at Colliers International, will market the property for lease.
