Venture One Real Estate welcomed both CJ Logistics America and ScottsMiracle-Gro to Crossroads 55 in Channahon, Illinois. The two companies, together with an undisclosed e-commerce company, bring Crossroads 55 Business Park to 100 percent occupancy with total leases in excess of 3.3 million square feet.
CJ Logistics America recently took occupancy of the existing 1,000,110 square-foot distribution facility located at 24101 S. Frontage Road. CJ Logistics America was represented by Lynn Reich and Suzanne Serino of Colliers International.
Venture One also recently commenced construction of a 1.3-million-square-foot build-to-suit for ScottsMiracle-Gro which will be located at 24231 S. Exchange Boulevard. The building is situated on 69 acres with 180 docks and can accommodate up to 443 car parking and 394 trailer parking. Clayco is the design builder and delivery is scheduled for the 4th quarter of 2021. ScottsMiracle-Gro was represented by David Prell and Philip Pelok of CBRE.
In November 2020, Venture One completed a 1,077,860-square-foot build-to-suit for an undisclosed e-commerce company which is located at 23714 W. Amoco Road. Crossroads 55 was represented by Jim Estus and Brian Kling of Colliers International.
“The location of Crossroads 55 at the intersection of I-55 and I-80 offers users access to a very deep labor pool along with excellent access to the region and immediate proximity to the UP and BNSF intermodals. These factors helped facilitate a tremendous success story of industrial absorption in Chicago.” said Ryan Stoller, principal at Venture One. “We welcome CJ Logistics and ScottsMiracle-Gro as tenants in Crossroads 55.”
