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Chicago Tube & Iron Completes 360,000-SF BTS Buy

ROMEOVILLE, IL-Chicago Tube & Iron officially completes its purchase of a new corporate world headquarters and manufacturing plant in the 240-acre South Creek Business Center.

By Dana Dubriwny | Updated on October 28, 2005

ROMEOVILLE, IL-Chicago Tube & Iron (CT&I) has completed its purchase of a 360,000-sf build-to-suit manufacturing facility within the South Creek Business Center. CT&I will be relocating its world headquarters from 2531 West 48th Street in Chicago to the Romeoville facility. The new manufacturing building will house the company’s corporate world headquarters, the Chicago operations division and the bending and fabricating division.

The property features 20,000 sf of office space and includes 340,000 sf of manufacturing, fabrication, storage, and distribution space. The facility is situated on 20 acres of land overlooking the new airport road extension and the Louis University/Romeoville Airport. Jeffrey Locascio, partner with Epic/Savage Realty Partners/TCN Worldwide and tenant rep for CT&I, says he is pleased with the layout of the new facility, and that the consolidation will allow CT&I to increase operational efficiencies and streamline its real estate costs.

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