Hillwood and Clarius Partners Celebrate Groundbreaking of University Park Logistics Center in University Park, IL

UNIVERSITY PARK, Ill., Oct. 17, 2025 /PRNewswire/ -- Hillwood and Clarius Partners held a groundbreaking ceremony for University Park Logistics Center, a speculative ±970,123 square-foot industrial development in University Park, Illinois. The groundbreaking marks the official start of construction on a key development within Chicago's I-57 corridor.

Situated two minutes from the I-57 interchange at Stuenkel Road, the site provides efficient access to regional and national markets, reaching 85.5 million people within a single day's drive. Will County's competitive real estate taxes and available TIF incentives further enhance the project's long-term value for future tenants.

Quote from Colliers' Brokers, David Bercu and Jim Estus
"The recent leasing of buildings in excess of 800,000 square feet has left a void in the market for large, functional, well-designed distribution product. This development's delivery timing is ideal to meet market demand."

Project Highlights

• Building Size: ±970,123 SF speculative industrial facility
  
  
• Location: Two minutes from full I-57 interchange at Stuenkel Road
  
  
• Market Reach: Within a one-day drive of 85.5 million people (27% of U.S. population)
  
  
• Business Advantages: Will County's low real estate taxes and TIF incentives provide long-term cost savings
  
  
• Access: Exceptional labor availability and multimodal transportation connectivity

"University Park Logistics Center is a transformative development for the I-57 corridor and a key step in Hillwood's continued growth across the Chicago region," said Rachel Agba-Novak, Vice President of Transactions and Development at Hillwood. "This project brings nearly one million square feet of modern logistics space to a market where large, high-quality facilities are in short supply. Its location, workforce access, and long-term cost advantages make it an exceptional opportunity to attract new investment, create jobs, and strengthen the region's role as a vital link in the national supply chain."

"University Park Logistics Center is uniquely positioned to lead the Chicago industrial market in 2026. We are very excited to have joined forces with Hillwood and share the vision of delivering impactful, efficient, best-in-class industrial product to the market at just the right time," said Taivo Tammaru, Executive Vice President at Clarius Partners.

Hillwood continues to intentionally expand its Midwest footprint with developments that strengthen the region's supply chain network and enhance its role as a premier logistics hub.

For leasing inquiries or more information about University Park Logistics Center, please contact David Bercu at [email protected] and Jim Estus at [email protected].

About Hillwood

Hillwood is a leader in acquiring and developing high-quality industrial properties with 292.8M SF across the U.S., Canada, the United Kingdom, and Europe. Hillwood pursues well-located, functional land in the path of progress and has one of the largest land banks with a capacity of over 140M SF for future development. Hillwood collaboratively builds successful partnerships with public and private landowners and other developers to execute and invest in a broad spectrum of industrial projects. As a privately held company, Hillwood possesses the depth of capital, market expertise, industry relationships, and a forward-thinking vision to buy and build industrial properties that meet evolving markets' logistics, distribution, and manufacturing demands.

Visit Hillwood.com for more information on Hillwood's latest industrial availability in the U.S., U.K., and E.U.

About Clarius Partners

Clarius Partners is a national real estate investment and development firm providing full-service expertise across industrial, office, medical, and land projects. Founded in 2009, the company offers comprehensive capabilities including site acquisition, entitlements, construction management, leasing, and asset management. With offices in Chicago and Scottsdale, Clarius Partners manages a development portfolio exceeding $1.8 billion and maintains strong relationships with leading financial institutions nationwide.

For more information, please contact:
Hillwood Media Contact:
Jennifer Cheek Layton
Chief Marketing Officer
+1 972 220 2965
[email protected]

SOURCE Hillwood Development Corp.