Ridgeline Developing 438K I-55 Distrib. Center

CHICAGO–The new spec joins a collection of other specs and build-to-suits rising nearby.

By Brian J. Rogal | Updated on December 10, 2015

CHICAGO–Developers looking to satisfy the escalating demand for industrial space in our region are filling in the last spaces in some submarkets. Ridgeline Property Group, for example, has decided to build a 438,150 square foot, class A distribution center on a speculative basis in suburban Crest Hill less than two miles from I-55 and about nine miles from I-80. RPG and its capital partner Cabot Properties acquired the Crest Hill Industrial Park site in September.

Pre-cast concrete and steel work will begin in January and company officials expect to finish next August. David Bercu and Jim Estus, both principals at Colliers International, will market the property for lease.

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