Standard Real Estate Investments and Trammell Crow Company (TCC) have successfully sold the Woodridge Industrial Center in Woodridge, Illinois. The sale marks the first successful transaction for Standard’s $150 million investment vehicle, which was established last year. Construction on the industrial center was completed in July 2024 with Harris Architects as the architect of record, FCL as general contractor, and SpaceCo serving as civil engineer.
Situated at 8110 Lemont Rd., this state-of-the-art facility spans over 217,000 square feet on a spacious 17-acre parcel within the Village of Woodridge. The development boasts impressive features such as 22 dock doors with ample truck courts measuring up to130 feet long. Additionally, it offers a single-load building that is an impressive291-feet deep along with parking space for up to270 vehicles.
According to Josh Udelhofen, Senior Vice President at TCC Chicago,”The project’s exceptional rent growth and high demand for modern Class A industrial spaces made it an attractive investment opportunity for those seeking prime core assets.”
