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Construction of new Amazon logistics facility at former Maywood Park Racetrack site completed


Construction of new Amazon logistics facility at former Maywood Park Racetrack site completed
May 25, 2021
Krusinski Construction Company has completed all elements of construction, from demolition to ground-up construction and tenant build-outs for Ridgeline Property Group’s Chariot Logistics Center, developed on the site of the former Maywood Park Racetrack. The three-building, 623,000-square-foot Green Globes certified logistics center was launched as a speculative development but later became a spec-to-suit project when all buildings were leased to one of the largest e-commerce companies in the nation.
Chariot Logistics Center sits on approximately 55 acres of land on at the intersection of North and 5 ....

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This Week's Chicago Deal Sheet (May 5, 2021)


Tishman Speyer signed Ipsos to a 58K SF lease at The Franklin in Chicago’s West Loop. It’s another sign the downtown office market is showing some signs of life after more than a year in hibernation.
The 2.5M SF Franklin consists of two connected buildings at 222 West Adams St. and 227 West Monroe St. Ipsos will occupy the 11th floor, which spans the two towers, in May 2022. The market research company will relocate from 222 South Riverside.
The Franklin
The Franklin complex features a number of amenities that Ipsos leaders said will ease employees’ return to the office. These include the café Rustle + Roux, a shared workspace called Studio, a 300-person conference center, and full bar and event venue R29. ....

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Two more distribution centers on the way in southern Dallas County


Two more distribution centers on the way in southern Dallas County
IAC Properties and Ridgeline Property Group plan buildings near Interstate 20.
Ridgeline Property Group has already built a speculative warehouse project in DeSoto.(Stream Realty Partners )
The area along Interstate 20 has been one of the hottest distribution districts in the state.
Now Illinois-based IAC Properties is jumping into the market with plans for a large shipping hub.
The industrial developer plans to build an almost 435,000-square-foot warehouse at 7558 Beckleymeade Avenue south of I-20.
The $16.5 million is to start later this year and will open in 2022, according to planning documents filed with the state. ....

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