Ridgeline Property Group to Develop 623,000 SF Chariot Logistics Center in Melrose Park, IL

Chicago, IL, April 1, 2019 – Ridgeline Property Group (RPG) announced today its newest development, Chariot Logistics Center, a 3 building, 623,000 square foot industrial project in Melrose Park, IL.

Scheduled for completion in the Fourth Quarter of 2019, Chariot Logistics Center will offer 32’ clear height, modern building designs, ample parking and flexible sizing. Buildings will range in size from 135,000 sf to 252,000 sf and located within Melrose Park. In addition, the project will offer a Class 6(b) Tax Incentive.

The 42-acre site located at 8600 W North Avenue is just 7 miles from O’Hare International Airport and 13 miles from the City of Chicago. It has excellent access to I-290, I-294 and I-88. The area has a concentrated labor pool and a location surrounded by existing retail amenities on North Avenue.

Greg Thurman, CEO of Ridgeline Property Group stated, “Ridgeline Property Group continues to implement our company strategy of developing industrial facilities that are located in A+ locations and designed to accommodate the needs of today’s e-Commerce and distribution users that exist in the given submarket.”

Larry Goldwasser, Colin Green, Matt Cowie and Michelle Maguire of Cushman & Wakefield will provide leasing services for the project. The leasing team anticipates strong interest from e-commerce, last-mile service providers, food/cold storage, manufacturing, warehouse and distribution tenants.

Pete Harmon, Ridgeline’s Regional Partner, stated “It truly is a ‘once in a career’ opportunity to find a site such as this which offers access to the area’s best-in-class transportation and labor markets and to be situated within the business-friendly municipality of Melrose Park.”

Designed by Harris Architects and Kimley-Horn, the project will be constructed by Krusinski Construction.

Currently, Ridgeline Property Group has 9 million square feet under construction across the United States.

About Ridgeline Property Group

Ridgeline Property Group (www.ridgelinepg.com) is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. RPG has offices in Atlanta, Northern VA/Washington DC, Chicago, Dallas, Houston and California