8/8/17

Venture One Completes One Million Sq. Ft. Distribution Center at Gateway 57 For Georgia Pacific

Chicago, IL – August 8, 2017 – Venture One Real Estate today announced the completion of a 1,000,560 square foot distribution center on behalf of Georgia Pacific located at Gateway 57 Industrial Park in University Park, Illinois. The development is a joint venture between Venture One and CRG, the real estate development group of Clayco.

The state of the art, 36’ clear cross-dock distribution facility is the first building in Gateway 57 Industrial Park. Gateway 57 is a 355 acre development located at the northeast corner of the newly constructed four way interchange of I-57 and Stuenkel Road. The class A industrial park offers immediate access to I-57 with excellent access to the Chicago region via I-80, I-94 and I-294.

Gateway 57 is able to accommodate an array of user requirements, with build-to-suit sites ranging from 300,000 square feet to up to 1,600,000 square feet. For more information, please visit www.VentureOneRE.com.

Clayco served as the design-builder and Forum Studio acted as the architect on the project. Wells Fargo provided the construction financing and Colliers International represented Georgia Pacific in the transaction.