Podolsky Circle Construction has been selected as the development manager for Black Creek Group’s 131,040-square-foot industrial development in Naperville, Illinois. Scheduled for completion in Q4 2018, the speculative, multi-tenant industrial development will be located on North Aurora Road, West of IL-59.
Once complete, the property will feature 32-foot clear ceilings, 22 dock positions and 149 parking spaces. Michael Lebar, principal of Podolsky Circle and president of Podolsky Circle Construction, a wholly owned subsidiary of Podolsky Circle CORFAC International, is leading the project team which includes Kimley-Horn Associates as the civil engineer, Peak Construction as the general contractor and Ware-Malcomb as the project architect.
“We are thrilled to have been selected to work with Black Creek Group on this project,” said Lebar. “Our construction and development experience enables us to draw from our knowledge and resources to provide our clients with first-rate, tailored services that fit their needs.”
Black Creek Group is an experienced real estate investment management firm that has bought or built approximately $18 billion of investments over its 25-year history. The company manages diverse investments across the spectrum of commercial real estate—including office, industrial, retail and multifamily.