NAI Hiffman has been retained to market a rail-served manufacturing facility and warehouse at the Calumet Business Center, a 12-building industrial complex on Chicago’s South Side, just a quarter-mile from the Bishop Ford Freeway.
The property has continuously operated as a printing facility since its construction in the 1960s.
The two buildings — at 9540 S. Dorchester Ave. and 1400-1570 E. 98th St. — comprise nearly 400,000 square feet and are being marketed for the first time in at least 40 years. Longtime tenant WestRock Co., a paper and packaging manufacturer, is occupying the space until Oct. 31.
Spanning 171,257 square feet, 9540 S. Dorchester includes two drive-in doors, 11 exterior loading docks with 18-foot-6-inch to 28-foot clear heights, and 1,600 square feet of office space. The second building is slightly larger, measuring 211,928 square feet, and includes 26 exterior loading docks with 18-foot-9-inch clear heights and approximately 6,000 square feet of office space. There are 3,000 amps of power at the site, lending both buildings to heavy manufacturing uses.
The Chicago South industrial submarket is the largest in the metropolitan area, comprising more than 117 million square feet, according to NAI Hiffman research. Yet with zero deliveries of new supply so far this year and just 442,601 square feet under construction at the end of the second quarter — less than 0.5% of the total inventory — conditions have tightened. As a result, vacancy was 4.8% at the end of the second quarter, lower than the Chicagoland average of 5.8%.
Glen Una acquired the Calumet Business Center in 2017. Anchor tenants include Del Monte Foods, Grand Warehouse, WSI and Cargill.
