Hillwood Continues Its Chicago Expansion
Ross Perot Jr.'s Hillwood Investment Properties is making waves across the Chicago area. Hillwood recently purchased three industrial properties in Tinley Park totaling 170k SF and will have more than 1M SF of industrial under construction in the next four to six weeks. The three Tinley Park properties are located at 7600 W 185th St, 7650 W 185th St and 18501 Graphic Court, according to the Dallas Business Journal. Last month, Hillwood announced it bought 39 acres at Pinnacle Business Park in Romeoville and previously purchased 1.4M SF of industrial space in the I-55 submarket. Hillwood's Chicago boss, Don Schoenheider, says no one should be surprised by all this action as Chicago is the country's second-largest industrial market and many of its customers are looking for opportunities here. [DBJ]
