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Last Major I-55 Development is Underway

CHICAGO—Most observers consider I-55 an infill market, but the new Carlow Corporate Center in Bolingbrook could provide millions of square feet of new space.

By Brian J. Rogal | brianjrogal | Updated on June 08, 2017

chi-CarlowCorporateCenter1 (2) Carlow Corporate Center XVI, will feature a 36′ ceiling clear height, cross-dock facilities, and expansive parking.

CHICAGO—This summer, Northern Builders, Inc. will put the finishing touches on a 302,354 square foot speculative industrial facility at its Carlow Corporate Center in Bolingbrook, IL. It’s their second building at this new business park, the last major developable piece of land in the I-55 submarket. The first was a 615,000-square-foot build-to-suit the company did for Best Buy.

“This piece of land was pursued for years by many developers,” David A. Bercu, principal, Colliers International, tells GlobeSt.com. However, it was never brought to market and Northern Builders bought it in an off-market transaction. And the company now has big ambitions for its acquisition.

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