Stotan Industrial is pleased to announce the acquisition of DuPage Crossings, a 16.67-acre site in West Chicago, Illinois in partnership with Stonemont Financial Group. Construction will commence immediately for a 258,720 SF, Class-A industrial building, scheduled for February 2023 completion.

The project will be located within the Fox Valley submarket just over 30 miles from the greater metropolitan Chicago area, adjacent to the DuPage Business Center, a location with over 3 million square feet of new construction being leased recently.

The greater Chicago region has proven to be one of the top industrial markets in the country with nearly 4.3 million square feet of net absorption in the first quarter of 2022 and a record low vacancy of 3.1%. At 258,720 SF, the property will offer divisibility to 130,000 SF, 36’ ceiling clear height, up to 60 truck docks, 45 trailer parking positions, 219 car parking and offices built to-suit.

With a 1% submarket vacancy rate, DuPage Crossings will be a great opportunity for industrial occupiers in today’s supplied constrained real estate market.