WRIGHTWOOD CAPITAL TO DEVELOP TWO INDUSTRIAL BUILDINGS

CAROL STREAM, ILL. — Wrightwood Capital has entered into a joint venture agreement with Chicago-based The Missner Group for the development of two industrial buildings in Carol Stream. Village Drive is a planned 93,000-square-foot industrial building located on a 4.66-acre site at 417 and 418 Village Dr. The facility will feature 28-foot clear ceiling heights, 10 exterior loading docks, two drive-in doors and 5 percent office space. Westgate Drive is a planned 80,000-square-foot industrial building located at 221 Westgate Dr. The facility will feature 24-foot clear ceiling heights, eight interior loading docks and office space. Both properties will be divisible for multi-tenant use. The Village Drive property will be marketed by Carter Andrus and David Bercu of Colliers Bennett & Kahnweilier, and the Westgate Drive property will be marketed by Andy Corken of CB Richard Ellis. The properties are the 14th and 15th assets for Wrightwood Capital’s Industrial Fund III.