The Chicago office of Duke Realty recently announced the construction of a 299,520-square-foot speculative development in Bellwood, Illinois. The planned state-of-the-art facility is located within minutes of O’Hare International Airport, close to major thoroughfares and rail lines — serving as an ideal location for prospective tenants looking to expand supply chain capabilities.
“As finding conveniently-located, modern distribution space continues to be a challenge for tenants, so is finding a strong labor force. Our planned facility meets both demand drivers,” said Susan Bergdoll, senior vice president and regional leader for Duke Realty’s Chicago, Minneapolis and Indianapolis operations. “Projects like this accommodate potential tenants’ requirements for new warehouse space close to airports, interstate highways, and rail yards in a community with a robust talent pool.”
Duke Realty’s development on approximately 19 acres at 110 North 25th Avenue in Bellwood is located within seven miles of Chicago’s O’Hare International Airport, close to the I-290/294 and I-88 interchanges and adjacent to a Union Pacific rail line. The facility will boast 36’ clear height, 30 dock doors and two drive-in doors, 85 trailer spaces and 345 parking spaces and located within an Enterprise Zone. Additionally, Bellwood is within a 30-minute drive of an employee population of more than one million. The development is expected to be complete in December 2021. These facilities will be built to LEED® certification standards.
The listing brokers are Jason Lev and John Suerth with CBRE.
