Timber Hill Completes $2.8M Renovation of Industrial Property in Stickney, Illinois

by Kristin Harlow

STICKNEY, ILL. — Timber Hill Group has completed a $2.8 million renovation of a two-building industrial property in Stickney, about 10 miles west of Chicago. Delta Logistics Inc. will fully occupy the property. A 25,000-square-foot building features 54 doors, 5,000 square feet of office space and two drive-through repair bays. A 13,000-square-foot maintenance facility features 12 drive-in doors and six repair bays. Renovations included new lighting, roofs, drive-in doors, windows and a new concrete floor at the maintenance building. Timber Hill, a private equity firm specializing in the acquisition and development of logistics-related industrial real estate, acquired the property early last year.

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