CHICAGO—Sterling Bay helped transform the city's Near West Side from an industrial zone to a hot office market, and is now poised to launch another office project on a former industrial site, this time on the banks of the Chicago River in the Lincoln Park neighborhood.
C.H. Robinson, one of the largest logistics providers in the world, will occupy the 207,000 square foot build-to-suit located at 1511 W. Webster Ave. that Sterling Bay will develop and manage. Sterling Bay acquired the vacant 4.18 acre site, once occupied by a tannery, earlier this year.
The Eden Prairie, MN-based 3PL will use the three-story building as its Chicago office headquarters and has signed a 15-year lease for the entire property – a significant expansion from its current 160,000 square feet at 1840 N. Marcey St. about one-half mile south along the river. The firm expects to move in late 2018.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
