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ELGIN, ILL. — A joint venture between Conor Commercial Real Estate and Globe Corp. has acquired 20 acres in the Northwest Corporate Park in Elgin for the development of a 342,620-square-foot speculative industrial facility. The seller was The Busse Family. The facility will be designed to offer single- or multi-tenant suites ranging from 70,000 to 342,000 square feet. The building will feature 32-foot clear ceiling heights and office space. The project is slated to break ground in winter 2013. Kenneth Franzese and John Cassidy of Lee & Associates represented the joint venture in the deal. McShane Construction Co. and Ware Macolmb will provide construction and design services.