Liberty Property Trust has broken ground on a 236,00 square foot Class A distribution facility at 333 Howard Avenue in Des Plaines, IL. Occupancy is slated for early 2015. Liberty acquired the 16-acre property in July and is in the process of removing an existing 290,000 square foot building to make way for the project.
“We are very excited about the level of tenant activity since we announced that we would develop this new property, and have proposals out for substantial portions of the building,” said Don Schoenheider, vice president and city manager, Liberty Property Trust. “The property’s proximity to O’Hare, visibility on the Jane Adams expressway and overwhelming parking capacity– which is extremely rare in the airport sub-market– have been the key drivers of our strong start.”
The building at 333 Howard Avenue is the largest for Liberty in the O’Hare sub- market and is situated in a prime location less than one mile from the airport’s north cargo entrance. In addition to the location, a unique feature of the new development is the considerable parking capacity. This includes room to park 389 cars or 51 trailers on site, in addition to the 283 spaces around the building perimeter. The building, which is slated to be LEED Certified, also boasts 65 exterior docks, a 65′ x 54′ staging bay, 32′ clear ceiling height, energy efficient T-5 fluorescent fixtures with motion sensors, and an Early Suppression Fast Response fire suppression system. Liberty, along with Britt Casey and Christopher P. Lyndon at Cushman & Wakefield, will handle leasing of the building.