I-355 Speculative Buildings Filling Up Fast

Tenants have taken all of the available space at the first phase of Panattoni’s I-355 Corporate Center.

CHICAGO—DFS, Inc., recently signed a 62,598-square-foot lease at 355 Corporate Center building #2 in southwest suburban Lockport, bringing the 228,690 square foot spec building to 100% occupancy just a few months after its completion by Panattoni Development.

Mark Barbato and Adam Stokes of Nicolson, Porter & List represented Panattoni in the transaction. 

This was the last remaining space within Phase I of the development. Panattoni recently started on Phase II of the project, breaking ground on a 300,158-square-foot building that it plans to complete by spring 2017. And with so many users still out there looking for space, company officials have a great deal of confidence in the future.