Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Best of the Best
  • Media & Marketing
MidwestCRE

NGKF represents Saddle Creek Logistics in 1.1 million-square-foot build-to-suit in Joliet

Staff Writer April 2, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

IKEA announced it submitted plans to the City of Joliet, Illinois for a second distribution center – to accompany the terminal previously announced and planned to open in Summer 2017.

In February 2015, IKEA advanced the development of its previously approved 1.4-million-square-foot Midwest distribution center on 72 acres of land already purchased in 2008 at the Laraway Crossings Business Park in Joliet, Illinois, 48 miles southwest of Chicago.

The company is now proposing another, similarly sized facility on 62 acres it hopes to purchase adjacent to the west of the currently planned first building.

Its central location will allow goods to be received at coastal ports from both Asia and Europe and then transported inland to the Joliet warehouses.  Also, proximity to a nearby railroad intermodal will provide additional long-term transportation options.  And, by operating two Joliet terminals, IKEA will eliminate a significant amount of CO2 emissions annually, with even more reductions expected via intermodal solutions.

In terms of contributing to the local economy, this second project eventually will result in even more construction-related jobs and positions at the distribution center, in addition to property tax revenue generated for local governments and schools.  IKEA also will evaluate potential on-site power generation to complement its current U.S. renewable energy presence at nearly 90% of its U.S. locations.

This project will represent the fifth significant investment by IKEA in the state of Illinois.  Besides the already planned Joliet distribution center and this new proposed terminal, there are two IKEA stores in the Chicagoland area, one each in Bolingbrook and Schaumburg.  And, last year, IKEA announced it was purchasing a 49-turbine wind farm in Hoopeston, IL that is on track to be operational this spring.

Tags
Homepage
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasMultifamily

Berkadia closes sale of two multifamily properties in Houston’s Midtown neighborhood

September 18, 2026
IllinoisMultifamily

CBRE closes sale of redevelopment land sites in Chicago’s Fulton market neighborhood

September 18, 2026
TexasNet Lease

Marcus & Millichap brokers sale of Jack in the Box in McAllen

September 18, 2026
IllinoisCRE

EquiCap Commercial brokers sale of 472-unit storage center portfolio in Peoria and Bellevue

September 18, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com