CHICAGO—The Missner Group has just completed a$35 million improvement and repurposing project for PeacockEngineering Co. at 1001 W. Crossroads Parkway in suburbanRomeoville. The company, which specializes in the primaryprocessing and packaging of refrigerated, frozen and other foods,leased the 532,560-square-foot space last year, the second largestindustrial lease in the I-55 corridor during 2013.

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“The extensive project included a demolition of existinginterior space to reconfigure the facility for an entirely newuse,” says Barry Missner, president of Missner.“The construction of a food processing facility requires asubstantial knowledge of the systems needed to process food safelyas well as the various rules and regulations of the USDA. Our team,well-versed in this type of construction, assembled a strong teamof experts and coordinated the process to ensure an efficientcompletion of the specialized space.”

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Located within Prologis Park 55, Peacock willuse the facility to repackage frozen goods. This will require thecompany to control the temperature of portions of the building tospecific degrees. Missner did a complete renovation of the existingwarehouse, and added 20,000-square-feet of office space, newprocessing areas and production lines and temperature-controlledstorage spaces. The property features 113,907-square-feet ofrefrigeration and freezer space and a 90,814-square-foot productionarea.

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Peacock's lease and move-in helped drive a healthy level ofleasing in the I-55 corridor. Tenants took 5.7-million-square-feetin 2013, after leasing 5.8-million-square-feet the previous year,according to 2013 data from Colliers. “The I-55Corridor's vacancy rate shot up to 11.12% in the first quarter butwas able to stabilize throughout the year, ending the fourthquarter at 9.83%.”

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“We selected The Missner Group for their experience in the foodprocessing industry,” says Jim Olegarski fromPeacock. “The team understands the construction challenges andessential details of a food-grade facility. We are confident in ourchoice of this expert team, especially given that this project,which was no small feat, required an expedited schedule.”

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.