Logistics Property Company, LLC (LogiPropCo), a logistics real estate owner, developer, and manager, has closed on a 22-acre site at I-390 Frontage Road & Irving Park Road in Schaumburg, IL. The location offers immediate access to Route 390 and proximity to O’Hare International Airport.
Construction is expected to commence in July of this year. When complete, 390 O’Hare Logistics Park will total 443,160 square feet across two, 221,580-square-foot buildings, each featuring 36’ clear height, 33 docks, and parking for 140 cars. The site is within walking distance of the Schaumburg Metra stop and adjacent to a private lot with significant trailer parking for lease, offering flexibility for future tenants.
Logistics Property Company’s Ben Fish, Vice President – Development, Midwest Region and Vince Pergande, Vice President – Project Management, Midwest Region were supported by David Haigh and Nick Feczko of NAI Hiffman in the sourcing of the land. Haigh and Feczko will also serve as the project’s leasing representatives. Arete Design Studio is the project architect and Manhard Consulting (Atwell) is the civil engineer.
“We are thrilled to announce our closing on a 23-parcel assemblage in Schaumburg,” said Fish. “This park offers a larger scale, well-located option for users that need immediate proximity to O’Hare and the surrounding highway infrastructure.”
This land closing follows two additional LogiPropCo developments in the O’Hare market announced in 2025. 2700 York Road, located just west of O’Hare in Elk Grove Village, was recently completed, and 424 Howard Avenue in Des Plaines will deliver this summer.
390 O’Hare Logistics Park is expected to be complete in Q3 2027.
About Logistics Property Company
Logistics Property Company, LLC is a real estate operating company and investment manager focused on the acquisition, development, and management of modern logistics properties in key North American markets. The company executes a disciplined investment strategy, ensuring optimal outcomes for our investors, employees, communities, and environment. Headquartered in Chicago, Logistics Property Company owns or has under development 27.4 million square feet of logistics facilities across 14 U.S. markets. For more information, please visit logisticspropco.com.
Media Contact
media@logisticspropco.com