ML Realty Partners’ 2.5 Million Square Foot Business Park Development, Heritage Crossing, Now 100% Occupied

February 10, 2022

(Itasca, Illinois) With two recently signed, full-building leases, ML Realty Partners is pleased to announce that Heritage Crossing in Lockport, Illinois is now fully occupied. The 2.5 million square foot business park, along Interstate 355 at 143rd Street, features eight free-standing industrial buildings with clear heights from 30’-40’ & features proximity to I-55 & I-80.

LG Electronics expanded within the park signing a new lease for 542,806 square feet in a 40’ clear building at 14532 South Gougar Road and Pitney Bowes Global Logistics signed a new lease for 363,224 square feet at 14746 South Gougar Road, bringing Heritage Crossing to 100% occupancy.

“With the final building being completed in the fall of 2020, Heritage Crossing is the culmination of years of planning and development and was the first business park developed along I-355 in Lockport,” stated Matt Novak, Leasing Manager at ML Realty Partners. “Due to the state-of-the-art construction and outstanding location immediately off 355, this first-class business park has proven to be a desired home for many top corporations.”

James Frank and Jason West of Cushman & Wakefield represented LG Electronics and Mike Cook and David Prell of CBRE represented Pitney Bowes. Dan Leahy, Mark Moran, and John Whitehead of NAI Hiffman represented ML Realty Partners on all eight of the properties.