Sitex Brings Modern Chi. Industrial to Market

CHICAGO—It can be tough to find modern and available industrial facilities within the city of Chicago. But the Sitex Group, a private equity firm that specializes in industrial real estate, has just acquired a 128,000-square-foot vacant warehouse located at 5000 S. Homan and company officials say the modern facility will be ready for a tenant by spring.

Built in the 1990s, “it definitely has modern amenities and is in great shape,” Sitex’s Cary Goldman tells GlobeSt.com. It features 30′ clear ceiling height, 30 exterior loading docks, grade level access, office space and sits near the I-55/Pulaski Ave. interchange and the former CN Railroad distribution facility. It can accommodate eight rail cars and 10 trailers for rail to truck or truck to truck transloading. And its 16 acres of land and significant paved outdoor areas makes it fairly unique among city properties. It was used by a paper logistics firm and has been vacant since 2013.