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IllinoisIndustrial

The Missner Group, Greystar-Thackeray developing spec industrial building in Chicago’s Stockyards area

November 18, 2024
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Photo courtesy of The Missner Group.

The Missner Group and Greystar-Thackeray have formed a joint venture to develop a speculative industrial building at 4002 S. Princeton Ave. in Chicago’s historic Stockyards.

This partnership leverages TMG’s local expertise and Thackeray’s national reach to meet strong demand for industrial space in a prime Chicago location.

Building Rendering of Class A speculative Industrial facility. 4002 S. Princeton Avenue, located in the Chicago Stockyards.

The joint venture is in addition to an existing value-add acquisitions venture between TMG and Greystar-Thackeray, launched in April 2024.

Slated to break ground in Q1 2025, the LEED-certified building will feature 20 exterior loading docks, two drive-in doors, 36 trailer positions, and parking for 208 cars. Located less than half a mile from a full Dan Ryan interchange, the site provides easy access to Pershing Road.

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