CHICAGO — McShane Development Co. has launched Union Pointe, a 100-acre industrial and office business park in Woodridge, Ill., that offers build-to-suit sites for industrial and office users.
Situated at the northeast quadrant of I-355 and I-55, Union Pointe is readily accessible from O’Hare International Airport, Midway Airport and DuPage County Airport and able to accommodate the needs of distribution, industrial and corporate office users.
Edward Don & Co., a food service equipment and supplies distributor, has selected Union Pointe as the location for its new 362,500-square-foot office headquarters and distribution center. The family-owned firm, celebrating its 90th year in business, will relocate its operations and nearly 400 employees from its current facility.
The contemporary facility will feature 55,000 square feet of office space, 32-foot clear height ceilings, 38 external docks, two drive-in doors and parking to accommodate 20 trailers and 380 vehicles.
The two-story office and industrial building incorporates a modern ESFR sprinkler system and numerous sustainable features such as T-5 lighting throughout the warehouse.
The facility, which will be leased to Edward Don & Co. for 20 years, is currently under construction and will be situated on a 20-acre parcel with prominent visibility along I-355 and I-55.
Rosemont, Ill.-based McShane Development will deliver the new build-to-suit facility to Edward Don & Co. in July 2012. Associated Bank is providing the financing for the project.
The new business park offers up to 80 acres of remaining land suitable for both large build-to-suit requirements and small- to mid-sized facilities supporting custom configurations and requirements. Gallagher and Henry is co-developing Union Pointe with McShane Development.
“The timing of this launch positions Union Pointe in line with the uptick in demand for industrial and office facilities in the coming years, and the Edward Don & Co. transaction reflects that interest,” says Daniel Fogarty Jr., vice president of McShane Development.
— Matt Valley