(Read more on the industrial market.)

UNIVERSITY PARK, IL-USAA Real Estate Co. has chosen Lee & Associates of Illinois LLC, headquartered in Chicago, to market and lease up Commerce Center at University Park. The 258-acre industrial park, located to the west of Dralle Road between Central and Cicero avenues, is being developed by San Antonio-based USAA. When fully built out, the park will have up to seven buildings with a total of nearly 5.1 million sf.

The estimated cost of the project, when completed, is approximately $178 million, says Brian Vanosky, a principal with Lee & Associates of Illinois, which is a member of the Lee & Associates Group of Cos. Vanosky, Jeff Janda and Justin Fierz will be the marketing agents for the industrial park.

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