WareSpace has expanded its presence in suburban Chicago with the acquisition of 1400 Centre Circle in Downers Grove, Illinois. The industrial property totals 71,689 square feet and was built in 1979. The purchase gives the micro-bay warehouse operator its third location in the Chicago area and its second in Downers Grove.
The building is currently vacant, and WareSpace plans to reposition it into approximately 100 spaces tailored for small users. The company is targeting businesses such as e-commerce sellers, contractors, and service-oriented companies that seek smaller, flexible industrial footprints. The conversion of a single-tenant vintage asset into a multi-tenant layout is intended to accommodate a wide range of entrepreneurial and small-business operations.
The property provides direct access to several key highway corridors, including I-355, I-88, and I-294. This connectivity links future tenants to major DuPage County suburbs such as Naperville, Elmhurst, and Hinsdale, positioning the asset as a last-mile and regional operations option within the broader Chicago industrial landscape.
Levi Cohen, chief executive officer of WareSpace, described the Downers Grove acquisition as aligned with the companys strategic focus. He noted that the suburban Chicago market fits the operators business model and that the second Downers Grove site will enable the firm to respond more directly to local demand and support entrepreneurs active in the area economy.
WareSpace has been expanding its national footprint and recently surpassed the 25-building milestone following an acquisition in Santa Fe Springs. The firm continues to add locations across major U.S. metros, including the Seattle area, and now operates 26 facilities that collectively total more than 2.6 million. The Downers Grove acquisition fits within this broader growth strategy as the company scales its portfolio of micro-bay industrial facilities.
The news comes as industry participants continue to monitor evolving demand patterns for smaller industrial footprints serving e-commerce, trades, and service-based businesses. Repositioning a vacant, late-1970s warehouse into multi-tenant micro-bay space in a well-connected suburban node highlights how operators are seeking to align existing stock with current user requirements while making use of established industrial locations.
