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Logistics Property Company Acquires 74-Acre Development Site in Joliet, Illinois

PUBT·11/02/2026 15:27:45
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Logistics Property Company Acquires 74-Acre Development Site in Joliet, Illinois
  • Logistics Property Company closed on a 74-acre development site at 23960 South Houbolt Road in Joliet, Illinois.
  • Construction of the 1,279,700-square-foot building will begin in spring 2027, with delivery expected in spring 2028.
  • The speculative development is also available as a build-to-suit, featuring 40-foot clear height and cross-dock loading.
  • Located near North America’s largest inland port, the site has direct access to I-55 and I-80 through the Houbolt Road Extension.
  • The acquisition marks its fourth Chicago-market development site in the past year, expanding a 6.7 million-square-foot Midwest portfolio owned or under development.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Logistics Property Company LLC published the original content used to generate this news brief on November 02, 2026, and is solely responsible for the information contained therein.