Standard Real Estate Investments, LP and Trammell Crow Company closed on the sale of the Woodridge Industrial Center in Woodridge, Illinois.
Standard made an equity investment through its $150 million-investment vehicle last year and construction was completed in July 2024. This is the first sale in the investment vehicle.
Located at 8110 Lemont Road, the 217,000-square-foot facility is located on a 17-acre parcel in the Village of Woodridge. The new development is two miles north of the I-55 / I-355 interchange and includes sought-after attributes including 22 dock doors with 130-foot truck courts, a single-load, 291-foot deep building and 270 parking spaces.
Harris Architects was the architect of record, FCL was the general contractor and SpaceCo served as the civil engineer on the Woodridge Industrial Center.
