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ROMEOVILLE, IL-Buoyed by its current success in the I-55 submarket, ProLogis is building a 750,000-sf distribution building in its 44-acre ProLogis Park 55. Meanwhile, Chicago-based HSA Commercial Real Estate plans a two-building, 637,000-sf warehouse project on 37 acres along Internationale Drive in nearby Woodridge, near the proposed I-355 connection with I-55 and I-80.

ProLogis' building, near the I-55 interchange at Weber Road, could be expanded to one million sf. "During the past year, we have seen occupancy of our existing inventory in this submarket reach 92%," says ProLogis senior vice president Dave Riefe, who oversees the Denver-based company's Chicago-area operations. That includes a 20-million-sf portfolio, with nine million sf in the I-55 and I-80 area.

HSA Commercial Real Estate's Park 355 will include a 254,000-sf multi-tenant building to be completed by December. "This is an excellent location currently and will be even better once the I-355 extension is completed," says HSA Commercial Real Estate chairman Jack Shaffer.

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