JOLIET, IL-The Stepan Co., a chemical manufacturer, has signed with CenterPoint Properties to lease a 217,712-square-foot, build-to-suit facility in property adjacent to the new Union Pacific Joliet Intermodal Terminal that is expected to open this summer. The Stepan building, now under construction on 16 acres, will be the first building within CenterPoint’s new industrial park alongside the Joliet terminal.

The property is just up the road from the BNSF Logistics Park and CenterPoint’s existing industrial park in Elwood. Stepan already has a production facility in the area, and wanted to keep the facilities close to each other, say Dan Leahy with NAI Hiffman. He represented the developer in the deal. “Stepan’s facility will be finished by the end of the summer,” Leahy tells GlobeSt.com.

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