Seefried Completes 8.82-acre assemblage in Elk Grove Village, IL

Located in the highly sought-after Centex Industrial Park
in Elk Grove Village, IL, Seefried plans to construct
 a two-building 163,000 SF spec industrial development.

David Riefe

ELK GROVE, IL -- Seefried Industrial Properties recently acquired an 8.82-acre land site with plans to break ground immediately on a two-building 163,000 SF spec development.

 

The 8.82-acre site is an assemblage of six (6) residential parcels that Seefried re-zoned and consolidated to accommodate this development. 

 Jonathan Kohn and Ron Behm at Colliers International represented Seefried on the assemblage.

Located in the highly sought-after Centex Industrial Park in Elk Grove Village, the project will   feature 32-foot height clear heights, 195’ concrete truck courts, an ESFR sprinkler system, 24 docks, 8 trailers and 175 parking spaces. 

 The site offers close proximity to I-290 and I-355 and is minutes from O’Hare International Airport.  Combined with the I-290 North Submarket to south of the airport, the greater O’Hare area totals more than 215 million square feet and is one of the largest industrial submarkets in the country. 

Jonathan Kohn

 “After successfully developing, leasing and selling a 215,000 SF spec facility prior to its completion in Pleasant Prairie, Wisconsin, Seefried is pleased to be partnering again with the same team on this development," said David Riefe, Senior Vice President of Seefried Properties.

  

 "While real estate markets have changed dramatically over the past several months, we are confident this project caters to emerging trends such as last mile distribution near the population center.” 

Harris Architects has been engaged as the project architect; Jacob & Hefner is the civil engineer and Premier Design + Build is the general contractor.  The project is scheduled for completion during the first quarter of 2021.

Ron Behm

About Seefried Properties

Seefried Properties was founded in 1984 by Ferdinand Seefried and is still 100 percent privately owned today.  

The firm focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets. 

Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience.  

Ferdinand Seefried 

Seefried is based in Atlanta, with regional offices in Los Angeles, Dallas/Fort Worth, Chicago and Phoenix.  

Seefried Properties has built over $9 Billion in development volume in 25+ markets across the U.S.

 

 CONTACTS:

Dave Riefe

Senior Vice President – Midwest Region

Seefried Industrial Properties

daveriefe@seefriedproperties.com     +1 630.215.5323

Barbara Bennett
Marketing Coordinator
Seefried Industrial Properties
3333 Riverwood Parkway · Suite 200
Atlanta, Georgia 30339
O: 770.702.8207 │ M: 520.661.9641
bbennett@seefriedproperties.com
www.seefriedproperties.com

corporate.colliers.com