Prologis has acquired 69 acres in suburban Minooka to develop Minooka Exchange, a logistics facility totaling just over 1M SF. The project will break ground "in the coming weeks," according to Prologis investment officer Josh Bauer. The development will be a single-story, cross-dock building with 40-foot clear height, 290 car parking spaces, and a 185-foot truck court. The site is adjacent to the Canadian National Railway's Chicago Logistics Hub, which is under construction.
Bauer framed the project as a response to local market conditions, saying it "will add more than 1 million square feet of modern logistics space to Chicago's supply-constrained market, providing the capacity local businesses need to operate and grow." He also cited the strength of Prologis' local relationships and development expertise. The acquisition follows Prologis' purchase of 26.2 acres in Glendale Heights in central DuPage County a few months earlier, where the company plans two Class-A logistics facilities totaling 454K SF. Prologis currently holds 341 properties totaling more than 79M SF in the Chicago area.
The Minooka project adds to a broader rebound in Chicago-area industrial construction. As of the second quarter, active construction of big-box spaces—industrial buildings of at least 200K SF with 28-foot clear heights—totaled 16.9M SF, an 80% year-over-year increase from the same period in 2025, according to NAI Hiffman. Prologis' continued expansion in the region suggests confidence in sustained logistics demand, particularly near rail infrastructure such as the adjacent CN hub.
What remains unknown is the project's total cost, expected completion date, and whether tenants have been secured. The single source read in full does not specify financing terms, leasing activity, or how the Minooka Exchange fits into Prologis' broader capital allocation beyond the cited Chicago-area footprint.