News
Industrial Good News
January 5, 2012
| It’s not only the extra-large industrial facilities that have companies clamoring. Wanna know more? Join McShane Development Co COO Mark Saturno at Bisnow’s Chicago Industrial Summit, Jan. 19 at the Stephens Convention Center. Register here! |
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| McShane is developing a 362k SF new HQ and distribution center for Edward Don & Co in Woodridge. Mark says that despite an industrial vacancy rate above 10%, Edward Don is willing to sign a 20-year lease on a new build-to-suit to assure that its essential needs are met. As one of the world’s largest distributors of restaurant and food service supplies, the 90-year-old company wants a facility expressly designed to its high standards. (Think forks, rows and rows of forks.) The building is state-of-the-art and the location is Main and Main (on I-355, with direct access to I-55 and I-294). Mark says it’s a big plus for Chicago that Edward Don is making a long-term commitment to keep its HQ here. Construction, started in October, will be complete by mid-year. |
