Thor Equities Group has purchased 1211 Tower Road, an industrial property in Chicago’s O’Hare/NW Cook County submarket. Situated on six-acres, Thor plans to develop a class-A 109,000-square-foot industrial building at the site.
One of Chicago’s top infill suburban submarkets, the Tower Road site is located 30 miles from downtown and 14 miles from O’Hare Airport, appealing to tenants with a need for air freight. Situated between two of Chicago’s main interstates, I-90 and I-290, the asset is positioned for users to service a large population as the demand for e-commerce continues to swell. Thor’s construction plan includes top-of-the-market, class-A specifications, such as 32-foot clear height, 27 loading-dock doors, two grade-level drive-in doors, and 92 auto stalls.
“Thor’s latest acquisition on Tower Road signifies an opportunity to invest in a top-performing market and develop a best-in-class industrial asset. We are longstanding believers in Chicag
