Chicago's largest industrial parks · PDF filecrain’s list chicago’s largest...

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Page 1: Chicago's largest industrial parks · PDF filecrain’s list chicago’s largest industrial parks largest industrial projects under construction largest industrial leases in 2005

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

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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

Page 2: Chicago's largest industrial parks · PDF filecrain’s list chicago’s largest industrial parks largest industrial projects under construction largest industrial leases in 2005

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.