Chicago

Panattoni Plans Industrial Building at...

A pending plan for a fifth building at the South Lake Industrial Center in Vernon Hills would erase the vestiges of a former family farm and a once exclusive dinner club that operated for 40 years. The proposed new...

Four Buildings Planned at Panattoni...

Construction of an industrial park on the largest undeveloped property in Vernon Hills is moving rapidly.

Heavy equipment has been out in force for earth...

Industrial Park In The Works for Vernon...

Published By:  Mick Zawislak/Daily Herald After being annexed with other properties into Vernon Hills in the mid-1980s, the Darling family farm west of Milwaukee Avenue became surrounded by an assortment of new...

Panattoni Named Largest Industrial...

FOR IMMEDIATE RELEASE PANATTONI NAMED LARGEST INDUSTRIAL DEVELOPER IN CHICAGO Chicago, IL. – (June 6, 2018) – Panattoni Development Company, Inc. has been named the largest...

DFS Signs 62,598 SF Lease at Industrial...

LOCKPORT, ILL. — DFS Inc., a food and grains supplier, has signed a 62,598-square-foot lease at 355 Corporate Center building No. 2 in Lockport, Ill., about 35 miles southwest of Chicago. The new lease puts Panattoni...

Illinois Industrial Tool signs lease at...

PARK RIDGE -- Illinois Industrial Tool, a distributor of value-priced hardware and tools, has signed a 166,092-square-foot lease at building No. 2 in Panattoni Development Co.'s 355 Corporate...

UPS Leases Panattoni Development Co.’s...

LOCKPORT, IL - Panattoni Development Co.’s Corporate Center just clinched its first big tenant. UPS has leased the first spec building of 273,640 square feet in Lockport, Illinois. Earlier this year, the firm...

Developer Sells Warehouses for $105 Million

CHICAGO, IL - A developer sold six Chicago-area warehouses for almost $105 million, cashing in on record levels of investment in local industrial properties. Panattoni Development sold five buildings in the Turnberry...

Panattoni Development Co. Completes Two...

LOCKPORT, IL - Panattoni Development Co. has completed the development of two new industrial buildings in 355 Corporate Center, a 50-acre industrial business park in Lockport, approximately 35 miles southeast of Chicago....

Panattoni Set to Launch Giant Suburban Spec

CHICAGO, IL - Industrial builders may be picking up the pace when it comes to speculative development in the Chicago region. Panattoni Development Co. has just completed the purchase of a 76.23-acre land...

No Tenants Yet, but Developer Plans Four...

CHICAGO, IL - A developer betting on a strong industrial leasing market is preparing to build more than 2.3 million square feet of warehouse space in the Chicago area without any tenants signed. Sacramento,...

Gas Station Part of Plans for Land at...

CHICAGO, IL - A concept plan for a new multi-tenant retail development, including a gas station, was presented to Romeoville trustees at a board meeting on Sept. 16. The developer, Troutman and Dams LLC, is under...

Romeoville Trustees Look at Plans for...

CHICAGO, IL - A concept plan for several new warehouse projects in Romeoville was presented to trustees at a workshop meeting on Aug. 19. Hillwood Investment Properties plans to build four warehouses on 39 acres within...

PCCP, Panattoni Acquire 51-Acre Site for...

LOCKPORT, ILL. — PCCP LLC has partnered with Panattoni Development Co. to acquire a fully entitled 51-acre land parcel in Lockport, a southwest suburb of Chicago, for an undisclosed sum. The joint venture plans to...

PCCP, Panattoni Buy Land for Suburban...

PCCP L.L.C. is working with a new partner, Panattoni Development Co. Inc., and together the companies will acquire a 51-acre parcel of land in Lockport, Ill., for the creation of a new industrial park. The joint venture...

Panattoni to Build Little Village Warehouse

CHICAGO, IL - Panattoni Development Co. paid $5.4 million for a Little Village warehouse it plans to tear down and replace with a 316,680-square-foot warehouse. The company completed the acquisition of the 16-acre parcel...

Panattoni plans to develop a new 316,680...

A California developer is buying a Little Village warehouse that became ensnared in a spat about political clout and local pension systems. A venture of Sacramento, Calif.-based Panattoni Development Co. wants to take...