Seefried Industrial Properties, along with a long-standing European capital partner, have recently purchased a 3.9-acre site at 2100 S. Wolf Road in Des Plaines, Illinois. Seefried will develop a 72,000-square-foot, spec distribution facility on the property, which is located less than half a mile north of O’Hare Airport.
The endeavor confirms the tenth building Seefried has developed within the O’Hare submarket and will be designed to accommodate freight-forwarding and air cargo warehousing. The project will consist of state-of-the-art construction featuring 30-foot clear heights, 15 total dock doors along with two drive-in doors, 86 car parking positions and an ESFR sprinkler system. Construction is set to begin early October 2019 and is anticipated for completion during the second quarter of 2020.
“The O’Hare industrial market has shown excellent leasing activity in recent years, particularly in Class A product,” said Seefried Properties senior vice president, Dave Riefe. “We think this is a trend that will continue for the foreseeable future. This new distribution facility looks to take advantage of this activity with its proximity to the airport and easy access to I-90.”
