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

Ridgeline Property Group to develop logistics center in Melrose Park

April 1, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Ridgeline Property Group will develop Chariot Logistics Center, a three-building, 623,000-square-foot industrial project, in Melrose Park, Illinois. Designed by Harris Architects and Kimley-Horn, the project will be constructed by Krusinski Construction with a scheduled completion of fourth quarter 2019.

“Ridgeline Property Group continues to implement our company strategy of developing industrial facilities that are located in A+ locations and designed to accommodate the needs of today’s e-commerce and distribution users that exist in the given submarket,” said Greg Thurman, CEO of Ridgeline Property Group.

The 42-acre site is located at 8600 W. North Avenue, in close proximity to I-290, I-294 and I-88, as well as a concentrated labor pool and existing retail amenities on North Avenue. Chariot Logistics Center will offer 32-foot clear height, ample parking and flexible sizing. Buildings will range in size from 135,000 to 252,000 square feet and the project will offer a Class 6(b) Tax Incentive.

Larry Goldwasser, Colin Green, Matt Cowie and Michelle Maguire of Cushman & Wakefield will provide leasing services for the project. The leasing team anticipates strong interest from e-commerce, last-mile service providers, food/cold storage, manufacturing, warehouse and distribution tenants.

“It truly is a ‘once in a career’ opportunity to find a site such as this which offers access to the area’s best-in-class transportation and labor markets and to be situated within the business-friendly municipality of Melrose Park,” said Pete Harmon, Ridgeline Property Group’s regional partner.

Tags
Cushman & Wakefieldharris architectsIllinoisindustrialKimley-HornKrusinski ConstructionMelrose Parkridgeline property group
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
OhioIndustrial

PCCP closes $51.3 million loan for lease-up of two industrial assets in Columbus market

May 16, 2022
IndianaFinance

Indianapolis office of Associated Bank adds senior vice president

May 16, 2022
OhioOffice

Industrial Commercial Properties buys 235,000-square-foot office building in Cleveland CBD

May 16, 2022
OhioMultifamily

NRP Group starts construction on 52-unit multifamily community in Cleveland market

May 16, 2022

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
  • 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
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com