Stonemont Financial Group has closed on the land for a 258,720-square-foot industrial development in West Chicago, Ill. Stonemont is partnering with developer Stotan Industrial to build the class A warehouse distribution facility, slated for completion in February 2023.
The 17-acre project, called DuPage Crossings, will be located within the Fox Valley submarket just over 30 miles from the greater metropolitan Chicago area. The project will sit at the corner of Washington Street and Charles Court in West Chicago, offering immediate access to I-88 and the surrounding affluent cities. The building will feature 36-inch clear heights, 32 exterior docks, 45 trailer parking stalls, 219 car parking spaces and will be divisible up to 130,000 square feet.
“We are pleased to continue expanding our portfolio of class A projects across the Heartland with our newest initiative in West Chicago,” said Stonemont CEO and managing principal Zack Markwell. “Our firm’s goal remain
