Panattoni Named Largest Industrial Developer In Chicago
Wednesday, June 6th 2018
FOR IMMEDIATE RELEASE
PANATTONI NAMED LARGEST INDUSTRIAL DEVELOPER IN CHICAGO
Chicago, IL. – (June 6, 2018) – Panattoni Development Company, Inc. has been named the largest industrial developer in Chicago with more than 4.6 million square feet of speculative development built over the past five years. The Real Estate Market Facts & Footnotes (REmark) released their list of top developers in Chicago by square feet developed in 100K+ SF spec industrial buildings between 2013 and 1Q 2018. View REmark’s full list here: http://www.hiffman.net/Research/REmark/REmark-Ind-051018.pdf
“We’re proud of all of the buildings we have completed over the past five years. Over 90% of the space has either been leased or sold,” said John Pagliari, one of Panattoni’s two local partners, along with Jason Rosenberg. “We are honored to be recognized as the top spec developer in Chicago, and thankful to our team and investment partners that helped us make this happen.”
Panattoni has broken ground on an additional 940,000 SF of speculative industrial space this spring in the Chicago market.
Founded in 1986, Panattoni Development Company, Inc. is one of the largest privately held, full-service development companies in the world. Panattoni is headquartered in Newport Beach, California, and operates from 24 offices in the United States, Canada and Europe. Since inception, Panattoni has developed more than 302 million square feet of space including more than 106 million square feet of build-to-suit projects. Panattoni has developed industrial, office, and flex facilities in 278 cities located in 29 states and nine countries. Learn more at www.panattoni.com.
Panattoni Development Company, Inc.