Cushman & Wakefield will market a new speculative development built by Northern Builders in Cherry Hill Business Park. The 500-acre industrial park in New Lenox and Joliet has 280 acres of pad-ready sites immediately available as well.
The project has the capacity for up to 5.4 million square feet of additional product, including speculative and build-to-suit opportunities, according to a statement from Cushman & Wakefield.
Cushman & Wakefield’s Jason West, Sean Henrick, Michael Magliano and Doug Pilcher will head up the assignment.
The team is marketing a two-phase speculative development. The first building, Cherry Hill 14, totals 171,394-square-feet, and is located on over nine acres at 2401 West Haven Avenue in New Lenox. It is slated for delivery in late 2017. Phase Two development includes the 292,582-square-foot building with similar specification and heavy trailer parking.
Cherry Hill Business Park also offers 15 sites that can accommodate 30,000 to 1.5 million square feet.
