Dermody Properties broke ground Nov. 3 on a 381,600-square-foot industrial facility in the Central DuPage submarket of Chicago. The facility, known as LogistiCenterSM at North Avenue, is located at 365 North Avenue in Carol Stream, Illinois.
The facility sits on a 24.48-acre site and is scheduled for spring 2017 completion. The facility will feature 36′ clear height, abundant car parking stalls and sophisticated LED lighting systems.
The facility is located less than four miles from I-355, with direct access to the Interstate via North Avenue. The site’s location takes advantage of the I-390 expansion project, Chicago’s newest expressway that improves regional access to the west side of the O’Hare International Airport.
John Cash, executive vice president; Adam Naparsteck, vice president; and David Haigh, vice president, of NAI Hiffman are representing the property on behalf of Dermody Properties. Other partners on the project include FCL Builders, the general contractor, Jacob & Hefner Associates, the civil engineering firm, and Harris Architects.
