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Transcript of Chicago's largest industrial parks · PDF filecrain’s list chicago’s largest...
CRAIN’S CHICAGO BUSINESS • AUGUST 15, 2005 23FOCUS: DISTRIBUTION ECONOMY
Continued on Page 24All CRAIN’S lists and directories are available at ChicagoBusiness.com/lists.
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CORPORATE WOODSVernon Hills 60061
ROCK RUN BUSINESS PARKJoliet 60431
INTERNATIONALE CENTRE SOUTHMinooka 60447
AMHURST LAKE BUSINESS PARKWaukegan 60085
DUPAGE NATIONAL TECHNOLOGY PARKWest Chicago 60185
WINDHAM LAKES BUSINESS PARKRomeoville 60446
TURNBERRY LAKES INTER-NATIONAL BUSINESS CENTER Hanover Park 60103
HUNTLEY CORPORATE PARKHuntley 60142
BREWSTER CREEK BUSINESS PARKBartlett 60103
PINNACLE BUSINESS CENTERRomeoville 60446
MANHEIM BUSINESS PARK AT MATTESONMatteson 60443
BUTTERFIELD CENTER FORBUSINESS & INDUSTRYAurora 60505
INTERNATIONALE CENTREWoodridge 60517
CHERRY HILL BUSINESS PARKNew Lenox 60451
CENTERPOINT INTERMODAL CENTERElwood 60421
Van Vlissingen & Co.(847) 634-2300
Industrial Development International Inc.(630) 919-1040
Catellus Development Corp.(630) 972-5583
Panattoni Development Co.(847) 294-9610
CenterPoint Properties Trust(630) 586-8000
Panattoni Development Co.(847) 294-9610
Industrial Development International Inc.(630) 919-1040
Horizon Group 3
Properties Inc.(847) 669-0300
Elmhurst Chicago Stone Co.(630) 540-5940
Pizzuti Cos.(630) 382-1600
Manheim Services Corp.(630) 990-8990
Opus North Corp.1
(847) 692-4444
Catellus Development Corp.(630) 972-2500
Northern Builders Inc.(847) 678-5060
CenterPoint Properties Trust(630) 586-8000
Van Vlissingen & Co.(847) 634-2300
Industrial DevelopmentInternational ServicesGroup(630) 919-1035
Catellus Development Corp.(630) 972-5583
PDC Properties Inc.(847) 578-1707
CenterPoint Properties Trust(630) 586-8000
PDC Properties Inc.(630) 250-0255
Industrial DevelopmentInternational ServicesGroup (630) 919-1035
Horizon Group 3
Properties Inc.(847) 669-0300
Grubb & Ellis Co.(847) 655-8435
Pizzuti Cos.(630) 382-1600
Shaw Co.(630) 990-8990
Opus North Management Corp. (847) 692-4444
Catellus Development Corp.(630) 972-2500
Northern Builders Inc.(847) 678-5060
CenterPoint Properties Trust(630) 586-8000
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ZF Industries Inc., Mitsubishi Electric Automation Inc., ZebraTechnologies Corp., Tetra PakInc., Paslode (an ITW company)
Petco Animal Supplies Inc.,Kendall Healthcare Products Inc.,Mack Trucks Inc., Madison Warehouse Corp., Tyco Healthcare Group
Kellogg Co., Clorox Co., Alberto-Culver Co.
Abbott Laboratories, Baxter International Inc., Visual Pak Co.,Thermoflex Corp., Hexagon Packaging Corp.
NA
Home Depot Inc., R. R. Donnelley &Sons Inc., Ulta Salon Cosmetics &Fragrance Inc., Lifetime Fitness Inc.
Exhibit Group, Fellowes Corp.,Fisher Scientific International Inc.,Fuji Corp., Canon Inc.
Illinois Tool Works Inc., IngleseBox Co. Ltd., Rohrer Corp.
Professional Lighting, U-TenCorp., Five Star Safety EquipmentInc., Unique Blister Corp.
Wilton Industries Inc., FlorstarSales Inc., Amerisource BergenCorp., Ozburn Hessey LogisticsLLC, Pactiv Corp.
Greater Chicago Auto Auction
Nippon Express USA Inc., Con-Way Transportation Services Inc.,Extel Logistics, Clorox Co.
Argonne National Laboratory,Vistar VSA Corp., Prairie Packag-ing Inc., Corporate Express Inc.,Central American Logistics, Midwest Warehouse Co.
Michael’s Stores Inc., Titan Steel& Tube Inc., Kumho Tire Co.,WIT Postal Logistics Inc., Moulding & Millwork (a SauderIndustries Ltd. division)
Burlington Northern Santa Fe Railway Co., DSC Logistics, Potlatch Corp., Sanyo LogisticsCorp., California Cartage Co.
Owner Property manager
Acres occupied
as of 12/31/04
Number of tenants
as of 12/31/04
Acres currentlyavailable TenantsName Total acres
MUNICIPAL PARKSFor the past three years ElkGrove Business Park occu-pied the top spot in Crain’sList of Chicago’s largest in-dustrial parks. This yearwe’ve determined that it’snot a true industrial park,in that it’s not a singleproperty with private own-ership and management. Instead, it’s a conglomerateof various parcels with un-related owners (Center-Point Properties Trustowns the majority of thetracts). And, at 5 squaremiles, it’s nearly half of ElkGrove Village. We decided to give munici-pal industrial parks theirown place in this year’s list.
ELK GROVE BUSINESS PARKElk Grove Village 600073,584 total acres5 acres unoccupied3,600 tenantsTenants: Automatic DataProcessing Inc., Metal Im-pact Corp., Osco Drug, Quebecor World Inc., H. C. Brill Co.
ADDISON BUSINESS PARKAddison 601011,491 total acres5 acres unoccupied330 tenantsTenants: United ParcelService Inc., Nabisco Inc.,Pampered Chef Ltd., Al-com Inc.
ST. CHARLES BUSINESS PARKSt. Charles 60174715 total acres125 acres unoccupied254 tenantsTenants: System Sensor,Omron Automotive Elec-tronics Inc., Moore Wal-lace Inc., Mason Corp.,ConAgra Foods Inc.
KENSINGTON BUSINESS CENTER*Mount Prospect 60056300 total acres0 acres unoccupied60 tenantsTenants: Cummins-Alli-son, NTN Bearing, Care-mark Rx, C-Line Products,Household International*Kensington was developed by Opus NorthCorp. in 1980 as a unified tract. In the 1990s,sections of land were sold off, so today thepark has various owners. The park is man-aged by the Kensington Business CenterOwners Assn.
Kathryn Peterson
Ranked by total acres as of 12/31/04
Morris
Romeoville
UniversityPark
SaukVillage
BedfordPark
29455
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Monee
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Elgin
Chicago
N10 miles
CRAIN’S LIST CHICAGO’S LARGEST INDUSTRIAL PARKS
LARGEST INDUSTRIAL PROJECTS UNDER CONSTRUCTION LARGEST INDUSTRIAL LEASES IN 2005New and resigned lease transactions, according to brokerage Lee & Associates Ranked by square feet
Location Square feet Broker Developer
Square feet Lessee Lessor Location
800,000 Home Depot Exel/ING Clarion Bolingbrook
658,000 J. R. Plastics Exel/ING Clarion Chicago
500,000 Wm. J. Wrigley Co. Land & Lakes Romeoville
410,000 Nippon Express USA Inc. SpaceCenters Aurora
385,220 Ryder System Inc. Duke Realty Corp. Romeoville
380,269* Nexus Distribution Corp. CalEast Bedford Park
360,709 Norvanco International Inc. AMB Property Corp. Roselle
313,179 Quebecor World Logistics ML Realty Group Inc. Bolingbrook
238,423* Insight Technology Group Morgan Stanley Hanover Park
234,790 Universal Form Clamp Co. ML Realty Partners Bellwood
Morris, Route 47 806,400 Champion Realty Advisors LLC ProLogis
Romeoville, 805,912 Colliers Bennett Duke Realty Corp.Crossroads Court & Kahnweiler Inc.
University Park, 700,000 Cushman & Wakefield Inc. USAA Real Estate Co.Commerce Center
Sauk Village, 412,615 CB Richard Ellis Group Inc. DP PartnersMark Collins Drive
Elgin, Alft Lane 318,490 Lee & Associates of Illinois Ryan Cos. US Inc.
Bedford Park, 296,147 CB Richard Ellis MEPT Bedford65th Street Park LLC
Monee, Cleveland Ave. 239,700 Lee & Associates of Illinois Northern Builders Inc.
Elgin, Spectrum Drive 229,356 Lee & Associates of Illinois Interstate Partners LLC
Monee, Cleveland Ave. 137,500 Lee & Associates of Illinois Northern Builders Inc.
Size of circles representssquare feetof each project
*Lease renewal Source: Lee & Associates
24 AUGUST 15, 2005 • CRAIN’S CHICAGO BUSINESS FOCUS: DISTRIBUTION ECONOMY
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COMMERCE CENTER AT UNIVERSITY PARKUniversity Park 60466
GRAND TRI-STATE BUSINESS PARKGurnee 60031
MCHENRY CORPORATE CENTERMcHenry 60050
UNIVERSITY CROSSINGSUniversity Park 60466
CREST HILL BUSINESS PARKCrest Hill 60435
BENSENVILLE INDUSTRIAL PARKBensenville 60106
BAILLY RIDGE CORPORATE CENTERMonee 60449
LARAWAY CROSSINGS BUSINESS PARKJoliet 60443
LINCOLNSHIRE CORPORATE CENTERLincolnshire 60069
LOGISTICENTER AT SAUK VILLAGESauk Village 60411
USAA Real Estate Co.(847) 384-4663
Tri-State Realty Inc.(800) 385-7723
McHenry Corporate Center Inc.(815) 385-1888
TCB Development (708) 633-4622
Crest Hill Land Development LLC(815) 923-2553
AMB Property Corp.(847) 696-4600
Location Finders International Inc.(708) 478-7666
Ryan Cos.(630) 328-1100
Van Vlissingen & Co.(847) 634-2300
DP Partners(630) 613-7049
USAA Real Estate Co.(847) 384-4663
Tri-State Realty Inc.(800) 385-7723
McHenry CorporateCenter Inc. (815) 385-1888
TCB Development(708) 633-4622
Crest Hill Land Development LLC(815) 923-2553
AMB Property Corp. (847) 696-4600
Location Finders International Inc.(708) 478-7666
Ryan Cos.(630) 328-1100
Van Vlissingen & Co.(847) 634-2300
DP Partners(630) 613-7049
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Solo Cup Co.
W. W. Grainger Inc., Nypro ChicagoInc., Snap-on Credit, Squire-Cogswell/Aeros Instruments Inc., Vision Tek Inc.
Affina Corp., Follett Library ResourcesInc., Medela Inc., Hampton Inn,Dunnhills Steaks, Chops & Seafood
Continental Refrigeration Services Inc.
Sears, Roebuck and Co., Midwest Service Co., National Sign Plazas, Indeck Power Equipment Co.
Boise Cascade Corp., Sara Lee Tea & Coffee, U.S. Foodservice Inc., Coaster Co.,American Pharmaceutical Partners Inc.
TNT Logistics
Arnold Logistics LLC
Midwest Air Technologies Inc., Snap-onDiagnostics, Bio-Imaging Research,Mitsubishi Lithographic Presses, Zellweger Analytics Inc.
NA
CRAIN’S LIST CHICAGO’S LARGEST INDUSTRIAL PARKS Continued from Page 23
Owner Property manager
Acres occupied
as of 12/31/04
Number of tenants
as of12/31/04
Acres currentlyavailable TenantsName Total acres
Research by Kathryn Peterson
CRAIN’S list of Chicago’s largest industrial parks includes facilities where groups of companies manufacture, sort or distribute goods in the six-county area: Cook, DuPage, Will, Lake, McHenry and Kane counties. NA: Not available. 1. Co-owned by the Levy Organization and Development Resources Inc. 2. 122 acres are not available, used for wetlands,etc. 3. Co-owned and co-managed by Reiche Partners LLC. 4. Approximately 10 acres not available; used for detention ponds and water tower.