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chi-marina crossings (2) The four walls have already gone up for the 655,000 SF Marina Crossings on the city’s South Side.

CHICAGO—In the past few years, Chicago-area developers have been building a historic amount of new industrial facilities, mostly outside the city boundaries. But the growing demand for space closer to the urban core is bringing change.

A joint venture between MAT Limited Partnership and institutional investors advised by J.P. Morgan Asset Management recently started work on Marina Crossings, Chicago’s largest speculative industrial project since the 260-acre Central Manufacturing District broke ground on Pershing Rd. in 1905. The 35-acre Marina Crossings is in the McKinley Park/Stockyards area of Chicago, just blocks away from the historic CMD. The rail-served property will have more than 633,000 square feet and feature 32’ clear ceilings, cross docking, precast construction, and ample expandable car and trailer parking. It’s also a sign of things to come.

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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.

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