The I-55 corridor’s warehouse boom isn’t slowing down.
Dallas-based Trammell Crow Company landed a full-building tenant at its Plainfield Business Center, with Woodridge, Illinois-based RJW Logistics Group signing for 788,000 square feet in Building 1 of the sprawling industrial park about 40 miles southwest of downtown Chicago, according to a press release from Trammell Crow.
The lease fills the entirety of the first building and lays the groundwork for the next phase of the project in Plainfield, Illinois, one of the region’s fastest growing hubs for large-format distribution space, according to the release.
Building 2, also slated for 788,000 square feet, is expected to break ground in the second quarter, on a speculative basis. The structure will rise on roughly 46 acres and feature 40-foot clear heights, according to the release, 80 dock doors expandable to 156 doors and 211 trailer parking stalls — specs designed to appeal to modern high-volume users.
RJW specializes in consolidation and supply chain services for consumer packaged goods companies delivering to national retailers. The firm operates more than 16 distribution centers across Illinois, Texas and Pennsylvania, according to the release. Dominic Carbonari of JLL represented RJW in lease talks, while Matt Mulvihill and Phil DeBoer of CBRE represented the landlord.
Neither Trammell Crow nor RJW disclosed financial terms of the lease. A spokesperson for the developer declined to share the project’s construction costs to The Real Deal.
The Plainfield campus sits near Interstates 55 and 80, a logistics sweet spot that continues to draw tenants priced out of infill submarkets closer to Chicago, according to the release. At full buildout, Plainfield Business Center is slated to encompass more than 8 million square feet of industrial space.
Trammell Crow controls an additional 340 acres of fully entitled land at the site, allowing for further speculative buildings or a build-to-suit facility of up to 2 million square feet, according to the release.
Harris Architects designed the project, with Krusinski Construction serving as general contractor for Phase 1 and Kimley-Horn as civil engineer.
Read more
