November 9, 2018 Comments Off on City’s Largest Warehouse Set to Break Ground Views: 741 Chicago News, Top Chicago

City’s Largest Warehouse Set to Break Ground

With entitlement for the site newly-approved by the city, Cushman & Wakefield has been tapped to market Exchange 55, the largest new industrial development available in Chicago proper. Exchange 55 will break ground immediately, with delivery expected in 2020.

Developed by Chicago-based Hilco Redevelopment Partners, Exchange 55 will offer up to 1.05 million square feet of warehouse space. It will be divisible to suit tenants of many types and sizes.

With a location in Little Village, “Exchange 55 offers a strategic landscape for e-commerce, logistics and intermodal freight,” said Cushman & Wakefield’s Larry Goldwasser. “This development will ensure Chicago maintains its position as one of the most competitive distribution and manufacturing centers in the world.

“With more than 90% of the target workforce within a 30-minute commute and immediate access to the amenities Little Village has to offer, we expect high demand from some very formidable tenants,” he added.

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