Clayco Announces Completion of Georgia-Pacific Distribution Facility
New facility to expand Georgia-Pacific’s presence in University Park, Illinois
CHICAGO – August 23, 2017 – Clayco, Inc. today announced the completion of the construction of a Georgia-Pacific warehouse-distribution facility in University Park, Illinois, located at Gateway 57 Industrial Park. The facility is a joint venture between CRG and Venture One along with design-build firm Clayco and its subsidiary Forum Studio to create the 1,000,560-square-foot distribution center and office space.
The investment will allow Georgia-Pacific to expand capabilities in University Park, where the company previously operated in a 700,000-square-foot facility. The distribution center will be used for to supply paper goods for commercial and recreational use for some of Georgia-Pacific’s largest clients, including Walmart and Costco.
“We are pleased to have helped Georgia-Pacific expand their presence in University Park with the opening of their new facility,” said Clayco Executive Vice President and Partner Kevin McKenna. “Our commitment to Georgia-Pacific was to thoroughly understand their needs in order to create an environment that helps their people accomplish more each day. I believe this team achieved our goal.”
The structure is made up of precast wall panels, structural steel and has a ballasted EPDM roof system. The truck docks, drive aisles and trailer storage are all concrete pavement with asphalt paving at the employee parking lot. The building has a 36-foot clear height. In total, there are 100 dock door positions and two drive-in doors. HVAC, electrical, fire protection and plumbing scopes of work were designed and installed as design-build.
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering and construction firm that delivers clients around the world the highest quality solutions on time, on budget, and above and beyond expectations. With $1.691 billion in revenue for 2016, Clayco specializes in the “art and science of building,” providing fast track, efficient solutions globally for commercial, institutional and residential related building projects. For more information visit www.claycorp.com.
CRG is a leading North American real estate developer headquartered in St. Louis, Missouri with offices in Chicago, Sacramento, Atlanta, Pittsburgh and Northern New Jersey. The CRG team has developed more than 5,000 acres of land and delivered over 160 million square feet of commercial, industrial, multi-family and institutional assets exceeding $9 billion in value. For more information visit www.realcrg.com. CRG is the real estate service subsidiary of Clayco.
About Forum Studio
Forum Studio is an award-winning design firm that focuses on enhancing the quality of the human experience and how spaces and places can impact and care for each individual’s emotional being. By harnessing the power of integrated design, collaborating with experts we trust and respect for their purpose and their craft while offering comprehensive solutions across multiple disciplines, we achieve our client’s goals and aspirations. From the most practical to the most complex we achieve sensible, rational and responsible solutions through architecture, workplace strategy, interior design, landscape architecture, urban planning and engineering, We design for life and build our clients dreams. Forum Studio is the art + science of building. For more information, visit: www.forumstudio.com.
About Venture One Real Estate
Venture One Real Estate is a real estate private equity fund manager, developer and operating company specializing in the industrial property sector. Headquartered in Chicago, Venture One manages a series of discretionary value-add investment funds that target opportunities throughout the Midwest, owns and manages over 6 million square feet and controls over 1,100 acres of land in corporate business parks in the greater Chicagoland area. Principals of Venture One have over $6 billion of transactional experience. For more information, visit www.VentureOneRE.com.
Patrick O’Connell, Media Relations Manager