Representatives from Venture One Real Estate and USAA Real Estate celebrated a groundbreaking ceremony for the new Rockwell Logistics Center. Joining them were Chicago Mayor Rahm Emanuel, Chicago 24th Ward Alderman Michael Scott, Jr. and Illinois State Senator Martin A. Sandoval.
The 174,000-square-foot, last mile urban logistics facility will be located at 2545 W. 24th Street in Chicago. Located in the North I-55 Industrial Corridor, Rockwell Logistics Center is less than 1.5 miles from I-55 and less than five miles from the Chicago Loop, offering immediate access to one of the densest population centers in the country.
The modern facility will offer unparalleled functionality for its close-in location, such as 32-foot clear height, precast construction and 205-foot loading courts able to accommodate excess trailer or car parking. Additionally, the building is located one-half mile from a CTA “L” train stop, offering excellent access to labor.
Terry Grapenthin and Tim McCahill of Lee & Associates have been retained to market Rockwell Logistics Center on behalf of Venture One. The building is scheduled for delivery the first quarter of 2019.