Podolsky Circle selected to develop Naperville development

Podolsky Circle Construction in Des Plaines said it has been selected as the development manager for Black Creek Group's 131,040 square foot industrial development in Naperville.

Scheduled for completion in the fourth quarter, Black Creek Group's 131,040 square foot, speculative, multi-tenant industrial development will be located on North Aurora Road, west of Route 59.

Once complete, the property will feature 32-foot clear ceilings, 22 dock positions and 149 parking spaces. Michael Lebar, principal of Podolsky Circle and president of Podolsky Circle Construction, a wholly owned subsidiary of Podolsky Circle CORFAC International, is leading the project team which includes Kimley-Horn Associates as the civil engineer, Peak Construction as the general contractor and Ware-Malcomb as the project architect.

"We are thrilled to have been selected to work with Black Creek Group on this project," Lebar said.

Black Creek Group is a real estate investment management firm that has bought or built approximately $18 billion of investments over its 25-year history. The company manages diverse investments across the spectrum of commercial real estate- including office, industrial, retail and multifamily. The company has nine offices across North America with more than 300 professionals. Black Creek Group offers a range of investment solutions for both institutional and wealth management channels.