Venture One Completes Lease-Up of Crossroads 55 in Channahon, Illinois

by Kristin Harlow

CHANNAHON, ILL. — Venture One Real Estate’s Crossroads 55 Business Park in Channahon is now fully leased. CJ Logistics America recently took occupancy of a 1 million-square-foot facility located at 24101 S. Frontage Road, about 13 miles southwest of Joliet. Additionally, Venture One recently began development of a 1.3 million-square-foot build-to-suit for Scotts Miracle-Gro, which will be located at 24231 S. Exchange Blvd. Clayco is building the facility, which is slated for completion in the fourth quarter. The remaining 1.1 million square feet of Crossroads 55 is leased to an undisclosed e-commerce company. Lynn Reich and Suzanne Serino of Colliers International represented CJ Logistics while David Prell and Phililp Pelok of CBRE represented Scotts Miracle-Gro. Jim Estus and Brian Kling of Colliers represented ownership.

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