Northbrook, IL-based Grubb & Ellis pegs the I-55 Corridor vacancy rate at 17%, outpacing the rest of the Chicago area industrial market. IDI has 149,600 sf available in its Corporate Crossings Business Park, less than half the submarket's vacancy rate.
Lynne Reich of Colliers, Bennett & Kahnweiler represented Cryovac while Jack Cozzie, David Pal and Jeff Galante of Grubb & Ellis represented IDI, which developed the 2 mil-sf business park between Joliet Road and I-55.
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