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LogistiCenter Spec Building Crosses Finish Line

SAUK VILLAGE, IL-A second speculative building is opening at LogistiCenter at Sauk Village, a 325-acre industrial park.

By Gina Kenny | Updated on April 02, 2007

(To read more on the industrial market, click here.)

SAUK VILLAGE, IL-A second speculative building has been constructed at LogistiCenter at Sauk Village. The 325-acre industrial park, being developed by Reno, NV-based DP Partners, is bounded by IL-394, Cottage Grove Avenue and Sauk Trail.

The 258,950-sf spec industrial building, at 21701 Mark Collins Dr., is on a 16.17-acre parcel and is a single-loaded warehouse and distribution building divisible to 52,000 sf. The facility has 24 truck docks, 50-foot by 50-foot bays, 32 trailer stalls, parking for 185 cars and an ESFR (Early Suppression Fast Response) fire suppression system, according to a released statement. Representatives from DP Partners were not available for comment. The average lease rate for the South Cook submarket is $3.73 per sf, according to a fourth-quarter Grubb & Ellis report.

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