Business

Pancor joins developers in building Randall Point

Posted February 03, 2016 12:00 am

ELGIN - Pancor Construction and Development LLC & Hillwood Investment Properties | A Perot C., are joining the numerous development companies in building speculative facilities in Elgin, by constructing a 159,000 square foot speculative facility in Randall Point Business Park located at Big Timber Road and Madeline Lane.

By breaking ground, Pancor joins Interstate Partners (275,000 square feet), Conor Construction (387,000 square feet), Northern Builders (307,000 square feet) and Molto Properties (247,000 square feet) in construction projects for 2016 delivery.

"Demand for new construction facilities in Elgin is very strong now" said CBRE's broker Mike Sedjo. With more than 1,700,000 square feet of new speculative industrial development under construction in Elgin's I-90 & Randall Road Corridor makes it one of the most lucrative years in the industrial construction business in Elgin."

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