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Developer fills massive warehouse that was built on speculation near Chicago

CenterPoint lands RJW Logistics Group at Joliet, Illinois, facility completed in late 2023
RJW Logistics Group has leased the entire warehouse at 2903 Schweitzer Road in Joliet, Illinois. (J.J. Starr/CoStar)
RJW Logistics Group has leased the entire warehouse at 2903 Schweitzer Road in Joliet, Illinois. (J.J. Starr/CoStar)
CoStar News
February 11, 2025 | 10:52 P.M.

A major developer of logistics space has landed a tenant a nearly 1 million-square-foot facility that it completed on speculation in late 2023 along Interstate 55 southwest of Chicago, helping lift an industrial market that already had far lower vacancy than the national average.

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