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Chicago builders take bigger bets on warehouses

More projects start without signed leases, though renewed tenant interest tempers risk
Huntley Corporate Park in suburban Chicago, where delivered logistics space, right, sits alongside land slated for future industrial development. (CoStar)
Huntley Corporate Park in suburban Chicago, where delivered logistics space, right, sits alongside land slated for future industrial development. (CoStar)
CoStar Analytics
April 14, 2026 | 6:34 P.M.

Chicago developers are taking more chances on building warehouses without signed tenants than they were a couple of years ago, but they’re still proceeding cautiously.

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