Conor Commercial Real Estate, a member of The McShane Companies, is pleased to announce commencement of a 70-Acre, Class A industrial business park, the only new business park development in the I-55 Corridor located in Bolingbrook, Illinois.
Fountain Square Commerce Center (www.fountainsquarecc.com) will consist of four speculative buildings for multi-tenant or single-tenant use, ranging in size from 109,088 to 320,532 square feet, divisible into spaces of 30,000 square feet or more. Once complete, the properties will feature ample on-site vehicle and truck parking, substantial dock door positions, 32’ clear ceilings, ESFR sprinkler systems as well as office space to-suit. Fountain Square Business Park also features a 12-acre build-to-suit site. Newmark Grubb Knight Frank’s (NGKF) Brian Carroll, executive managing director, and Jim Cummings, director, will lead the brokerage team assigned to lease the new development.
“Fountain Square Commerce Center will be a state-of-the-art industrial park focusing on serving tenants with requirements of 30,000 to 320,000 square feet,” said Cummings. “Not only will the park give companies an opportunity to be in the hottest submarket for industrial real estate in the Chicagoland area, but companies will also benefit from the park’s advantageous location, a myriad of dining, lodging, retail, and nearby recreation and entertainment amenities. Conor Commercial Real Estate is committed to the market, and thus, has the confidence to construct four of the buildings at one time.”
Located along the I-55 Corridor at Remington Boulevard and South Schmidt Road in Bolingbrook, Fountain Square Commerce Center offers easy access to the Interstate Highway System and is close to an abundance of retail and dining options. The park is also readily accessible to O’Hare International Airport, Midway Airport, as well as DuPage County Airport and offers low real estate taxes.
About Conor Commercial Real Estate
Conor Commercial Real Estate is the integrated real estate development and investment arm of The McShane Companies headquartered in suburban Chicago, Illinois with regional offices located in Dallas, Houston, Phoenix and Irvine. Conor Commercial Real Estate is active on a local, regional and national basis in the development of master-planned industrial and office parks, medical office developments, speculative industrial and office properties and build-to-suit projects for lease or purchase. For more information on Conor Commercial Real Estate, visit the firm’s web site at www.conorcommercial.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.