CHICAGO—Molto Properties is nearing completionon a 226,090 square foot speculative industrial project located inWindham Lakes Southwest Business Park at 1881 Normantown Rd. insuburban Romeoville. This marks the developer's third project inthe last 12 months within Chicago's I-55 industrial corridor. Thecompany has named Jim Estus, principal withColliers International's Chicago-based industrialadvisory group, as exclusive agent of the building.
"1881 Normantown Road is scheduled for completion during thefirst quarter of 2016. Timing is ideal for a user wanting to customtailor the interior build out to fit their needs," saysMark A. Saturno, senior principal of Molto."Because of Meridian Design Build's fantastic performance on a veryaggressive construction schedule, the property is now fullyenclosed and paved, allow us to build out the interior withouthaving to face the harsh winter elements."
The project team — which includes Estus and Molto's executivesMichael Powers and TonyCincinelli— has achieved significant preleasing successover the past 12 months at the firm's two other I-55 Corridorspeculative projects.
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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.
