Another city is finding room for a multi-story warehouse: Chicago.
Last week, Logistics Property Company (LPC) broke ground on the city's first multi-story warehouse. It is expected to be completed in summer 2024.
The development includes 1.2 million square feet of space across two floors and offers both rooftop parking and an adjacent five-story parking garage, according to a release. The 11.5-acre property sits immediately adjacent to the full four-way interchange at Division and Elston in Chicago's near-north Goose Island neighborhood.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.