CenterPoint Leases Newly Constructed Distribution Center In Joliet

The following edited press release is from Mike Noonan CenterPoint Properties Communications Manager:

JOLIET ? CenterPoint Properties announced on Tuesday that it has signed a long-term lease with RJW Logistics Group, a Romeoville-based 3PL, for its state-of-the-art 976,954 SF distribution center at 2903 Schweitzer Road in Joliet.

In the past three years, CenterPoint said it has fully leased four speculative developments ? totaling nearly four million square feet of Class A industrial space.

2903 Schweitzer Road is adjacent to the newly built Houbolt Road Extension bridge over the Des Plaines River, minutes from interstates 80 & 55 and the Union Pacific?s intermodal facility ? one of the centerpieces of the CenterPoint Intermodal Center, along with the BNSF intermodal a few miles south in Elwood.

CenterPoint?s senior vice president of development for the Central Region, Brian McKiernan, credited his team for building a ?best-in-class? building that he says sparked a great deal of interest among industrial users and brokers since its construction in 2023.

?We were confident in the functionality, location, and aesthetics of this building,? said McKiernan. ?We set a high bar and challenged our team as well as our construction and brokerage partners, and they exceeded expectations on the CIC?s flagship development and lease-up."

NAI Hiffman?s Dan Leahy and Adam Roth represented CenterPoint, as they do for all CIC ? Joliet/Elwood leases.

RJW, a third-party logistics company servicing consumer packaged goods retailers, employs more than 1,600 people in the Chicago and Dallas areas. Its newest distribution center is part of the company?s rapid expansion in the Chicagoland area.

About CenterPoint Properties

CenterPoint Properties develops, acquires, and manages industrial properties in America?s top markets that optimize supply chain efficiency.

Since its founding in 1993, CenterPoint has built its reputation as a trusted real estate partner for many of the world?s leading retail, logistics, and e-commerce companies. With headquarters in Oak Brook, Ilinois, CenterPoint also operates seven regional offices in California, Florida, New Jersey, and Texas. Its national portfolio comprises 62.7 million square feet of industrial space across 310 properties and serves 398 tenants.

To learn more, visit centerpoint.com and follow CenterPoint on LinkedIn.