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HomeIndustryReal EstateNewsNorthern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business Park
Northern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business Park
Real Estate

Northern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business Park

•March 10, 2026
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Connect CRE
Connect CRE•Mar 10, 2026

Companies Mentioned

Hilton

Hilton

HLT

Why It Matters

The new facility expands industrial capacity in a high‑growth Chicago suburb, enhancing logistics options for manufacturers and distributors seeking quick market access.

Key Takeaways

  • •365,000‑sq‑ft facility announced for New Lenox
  • •Located on 19.9 acres near I‑80 and I‑355
  • •Includes 40‑foot clear height, 13,808 sf office space
  • •Offers 30 exterior dock doors and four drive‑ins
  • •Expected completion December 2026, boosting regional logistics

Pulse Analysis

The Chicago metropolitan area continues to attract industrial developers as e‑commerce and supply‑chain reshoring drive demand for modern warehouse space. Suburban sites like New Lenox benefit from proximity to major interstates, rail corridors, and a labor pool accustomed to logistics operations. By situating the new 365,000‑square‑foot building near the I‑80 and I‑355 interchange, Northern Builders taps into a corridor that offers rapid freight movement to the Midwest and Great Lakes markets, a critical advantage for tenants focused on speed and reliability.

Northern Builders’ decision to expand Cherry Hill Business Park reflects a broader strategy of creating purpose‑built, high‑spec facilities that can be customized for a range of users. The project’s 40‑foot clear height, extensive dock infrastructure, and sizable mezzanine and office components signal readiness for advanced automation, multi‑modal loading, and value‑added services. Such features are increasingly sought after by manufacturers adopting lean production and distributors requiring flexible layout options. The inclusion of ample parking and trailer stalls further supports mixed‑use operations, positioning the site as a versatile logistics hub.

From an economic perspective, the facility’s completion in late 2026 is poised to generate construction jobs and, subsequently, permanent employment opportunities once occupied. The added square footage will help alleviate the current inventory shortfall in the Chicago industrial market, potentially stabilizing rental rates that have risen sharply in recent years. Moreover, the project underscores the region’s resilience and attractiveness to investors, reinforcing the Midwest’s reputation as a national logistics backbone.

Northern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business Park

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