Brown Commercial negotiates land for 166K SF industrial development

August 12, 2024 — Dan Brown, SIOR, President and Managing Partner of Brown Commercial Group has negotiated a land sale in Chicago’s suburban market for a 166,573-square-foot industrial development. As noted in the IL Real Estate Journal, the industrial development is designed to support warehousing, distribution and e-commerce tenants looking for small to mid-sized spaces. The industrial site is located on the southeast corner of Kenyon Road and IL Route 25 in Bartlett, Illinois.

Dan Brown negotiated the transaction on behalf of Cratos Industrial, located in the Chicago market. A groundbreaking, attended by officials from DSI Group, Cornerstone Architects and Cratos Industrial, was recently held. This collaborative effort is focused on advancing Brown Commercial’s commitment to foster growth and innovation in the Bartlett area.

“The Chicago industrial market continues to see significant demand from small to mid-sized tenants looking to expand and locate close to key labor pools and transportation corridors,” said Brown, who is also overseeing leasing for the industrial park. “This state-of-the-art industrial park was designed to meet the demand for efficient, modern space that can support growing businesses.”

The building is divisible by three units of 45,000 to 65,000 square feet each. The industrial development is ideal for tenants looking for small to mid-sized space, as it  offers modern features and provides convenient access to Chicago’s transportation network via access to IL Route 25 and US Route 20. The building includes 32-foot clear height ceilings to support modern distribution; 36 exterior truck docks and three drive-in doors. There will be 202 parking spaces.

Occupancy is slated for 2025.