McColly Bennett Commercial recently acquired a 160-acre industrial land parcel in Bourbonnais, Illinois, by Nucor Corporation. The land is located at the corner of Interstate-57 and 5000 North Road in Bourbonnais, one mile south of the new Bourbonnais Parkway interchange.
The acquisition closed contemporaneous to the announcement of NUCOR’s planned expansion at its Bourbonnais site. The expansion will allow Nucor to add a full-range merchant bar quality mill to its current bar steel mill operation. According to Nucor, the project will take about two years to complete and is expected to cost $180 million.
Greg Leutloff and Jeff Bennett of McColly Bennett Commercial represented the seller, NRG, in the transaction.
Nucor and its affiliates are manufacturers of steel products, with operating facilities primarily in the United States and Canada.
