Construction has begun on a new 334,800-square-foot logistics facility being developed by Hillwood, a Perot Company (Hillwood), located one mile from Chicago Rockford International Airport (RFD).
The building is the first phase of Rockford Logistics Park 20 and is designed to accommodate air cargo, logistics, distribution, light manufacturing, and assembly operations, with the flexibility to serve either a single occupant or multiple tenants.
"The start of construction is another indication of the continued investment being made around the airport and the growing demand for logistics facilities in Rockford," said Zack Oakley, Executive Director, Chicago Rockford International Airport.
"Developments like this complement the airport cargo operations by providing additional capacity for businesses looking to take advantage of Rockford's dedicated cargo infrastructure and connectivity."
Hillwood is one of the largest industrial real estate developers in the United States, with more than 350 million square feet of industrial and commercial development completed globally.
"Rockford offers the accessibility and operating environment that logistics users are looking for, while its dedicated approach to cargo operations and efficient access to major markets made it a natural location for our first development in the Rockford/Winnebago Country area," said Don Schoenheider, Executive Vice President and Midwest Market Leader, Hillwood.
