Ryan Companies US, Inc. in a joint venture with Washington Capital Management, Inc., on behalf of their client, announced the financial land closing and start of construction of a 190,000-square-foot speculative industrial facility in Bellwood, Illinois.
The project, located on the site of the former SureBuilt building, represents a continuation of Ryan’s successful model of revitalizing underutilized industrial sites, a strategy proven by the company’s transformative Pullman Crossings industrial park on Chicago’s South Side.
Located at 840 25th Avenue, the new facility is positioned to attract a diverse range of industrial users. The site offers logistical advantages that are critical for modern tenants, including immediate access to Interstates 290, 294 and 88, and proximity to O’Hare International Airport and a large, skilled labor pool…