CHICAGO—Things are getting tight in many parts of the I-55 industrial submarket, but there is still room for some additional speculative development. In fact, Conor Commercial Real Estate, a member of The McShane Cos., has just begun the speculative development of four buildings at its Fountain Square Commerce Center, a new 70-acre, class A business park in suburban Bolingbrook, the only new business park development in the area.
The company has selected Newmark Grubb Knight Frank's Brian Carroll, executive managing director, and Jim Cummings, director, to lead the brokerage team that will lease the new development.
The Fountain Square buildings will have 32' clear ceilings, range in size from 109,088 to 320,532 square feet, and be divisible into spaces of 30,000 square feet or more. The new park also has a 12-acre build-to-suit site.
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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.
