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692,913-SF Facility for Michaels Stores

Arts & Crafts Retailer Embarks on Build-To-Suit Project
By Jey Hurd
May 12, 2003 | 6:10 P.M.

Texas-based Michaels Stores Inc. selected a 44.9-acre site to construct a 692,913-square-foot build-to-suit distribution center in New Lenox, IL. The site is situated within the Cherry Hill Business Park, which is located at Gougar Road and Haven Avenue. Michaels decided to construct a large distribution center to better service its growing number of retail stores throughout the Midwest. The company originally looked at about 40 sites in three states. After selecting the New Lenox site, the firm successfully negotiated with Will County, the Village of Lenox, and the State of Illinois to secure a $4 million incentive package.

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