SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA FLASH L impact

Logistics Property Company buys 716,318 — sq — ft industrial building in Chicago I — 55 corridor

Logistics Property Company closed on a 716,318-sq-ft fully leased industrial building at 1401 Normantown Road in Romeoville, Illinois. Property spans 34.4 acres in Chicago’s I-55 corridor, featuring cross-dock loading, 30-foot clear height, trailer and auto parking. Deal marks the first acquisition in its newly launched value-add industrial venture targeting existing assets in key US markets. Company’s Midwest portfolio totals nearly 8 million sq ft owned or under development, including recent Chicago-area development closings. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Logistics Property Company LLC published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein. (C)