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Developers Plan Two Warehouses West of Chicago as Demand Slows From Record Pace

TradeLane, Phelan Expect To Break Ground This Quarter in North Aurora, Illinois
TradeLane Properties and Phelan Development plan to build two warehouses on 29 acres in North Aurora, Illinois. (TradeLane Properties)
TradeLane Properties and Phelan Development plan to build two warehouses on 29 acres in North Aurora, Illinois. (TradeLane Properties)
CoStar News
January 19, 2023 | 4:31 P.M.

Developers from Illinois and California are teaming up to build 430,000 square feet of industrial space west of Chicago in a show of confidence that demand will remain strong despite a slowdown in warehouse leasing and sales from record levels.

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