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Singapore investor plans another logistics development near Chicago as part of US expansion

Mapletree buys second site in recent months southwest of city in Joliet, Illinois
Mapletree Investments plans a 418,880-square-foot warehouse at 1035 W. Laraway Road in Joliet, Illinois. (Powers Brown Architecture)
Mapletree Investments plans a 418,880-square-foot warehouse at 1035 W. Laraway Road in Joliet, Illinois. (Powers Brown Architecture)
CoStar News
September 11, 2025 | 3:34 P.M.

A Singapore-based real estate investor has bought more than 29 acres of land near Chicago where it plans a logistics facility, another step in the firm’s quest to become one of the biggest industrial developers in the United States.

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