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The Missner Group

Full company profile

uuid000dpy4

Namestring
The Missner Group
Legal namestring
The Missner Group, LLC
Company typeenum
Private
Founded yearint
1945
Descriptiontext

The Missner Group is a third-generation, family-owned general contractor and real estate developer headquartered in Des Plaines, Illinois, operating across the Chicago metropolitan area, Northwest Indiana, and Indianapolis. Founded in 1945, the firm is led by Barry Missner (CEO) and Glen Missner (President), with a cumulative track record exceeding $3 billion in construction and development projects and more than 25 million square feet delivered. Its service portfolio spans general contracting (industrial, automotive, healthcare, multifamily, office, retail, and specialty sectors), real estate development (speculative, build-to-suit, and adaptive reuse), and in-house property and asset management for a portfolio exceeding $300 million in assets under management. Pre-development and pre-construction services — covering entitlements, zoning, permitting, and sustainable design (LEED) — sit upstream of construction delivery.

The business operates an integrated development-plus-construction model, frequently entering joint ventures with institutional capital partners such as Greystar-Thackeray, Wylie Capital, Cabrera Capital, Base 3 Development, CBRE Investment Management, and Realterm, with the firm typically serving as both general contractor and co-investor. Recent activity (2024-2026) has been concentrated in Chicago industrial development, particularly the Stockyards Industrial Corridor, alongside a $42 million adaptive-reuse multifamily project (Oxxford Lofts) and expansion into Northwest Indiana and Indianapolis through industrial portfolio acquisitions. The technology stack is standard commercial real estate software (Building Engines, Commercial Cafe, VendorCafe, YARDI) — no proprietary AI or ML capability is disclosed. Revenue is generated on a project-by-project basis through fixed-price or cost-plus construction contracts, development fees, co-investment returns, and recurring property/asset management fees; pricing is not publicly disclosed and is negotiated per engagement.

Short descriptiontext

The Missner Group is a third-generation, family-owned general contractor and real estate developer in Chicagoland delivering construction, development, and property/asset management across industrial, multifamily, automotive, healthcare, and specialty sectors, with $3B+ in lifetime project value and $300M+ in managed assets.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersDes Plaines, United States
HQ citystring
Des Plaines
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
general contracting services, real estate development, industrial property development, property asset management, commercial construction
NAICS code1 code
  • Residential Property Managers531311
SIC code2 codes
  • Real Estate Dealers (For Their Own Account)6532
  • Real Estate Agents & Managers (For Others)6531
Product category
Commercial Construction & Real Estate Development
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Construction Services
TypeProfessional Services
Description

General contracting services across a wide range of product types including industrial, multifamily, automotive, healthcare, office, retail, and specialty. Revenue is generated on a project-by-project basis through fixed-price contracts or cost-plus arrangements, serving as general contractor on development projects.

missnergroup.com
2Real Estate Development
TypeManaged Services
Description

Real estate development, investment, and acquisition services. The company develops speculative and build-to-suit industrial, multifamily, and commercial properties, often in joint venture with financial partners, generating revenue through property sales, development fees, and co-investment returns.

missnergroup.com
3Property and Asset Management
TypeManaged Services
Description

In-house property management and accounting services for a portfolio of office, medical, industrial, and retail properties. The company manages assets in excess of $300 million, generating recurring management fees and providing construction services to managed properties.

missnergroup.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Missner Group is a third-generation, fully integrated general contractor and real estate developer serving Chicago and the Midwest. It delivers construction across industrial, multifamily, automotive, healthcare, office, retail, and specialty sectors, develops build-to-suit and speculative projects (often via joint ventures), and provides in-house property and asset management for a $300M+ portfolio.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Over $3 billion in construction and real estate development projects completed since 1945
+5 more records
Product overview1 text field

The Missner Group is a third-generation, fully integrated general contractor and real estate development company offering a unified suite of services. The core offering combines general contracting services across multiple sectors (multifamily, office, retail, automotive, healthcare, industrial) with real estate development capabilities (build-to-suits, redevelopments, speculative projects), supplemented by in-house property and asset management services managing over $300 million in assets. Pre-development and pre-construction services support the construction and development lifecycle from entitlements through delivery.

Product and service5 records
1General Contracting Services
CategoryConstruction Services
Description

Full-service general contracting across multifamily housing, office, retail, automotive, healthcare, recreational fitness, education, and industrial distribution/warehousing sectors. Serves institutional investors, municipalities, and private commercial clients on a project-by-project basis.

2Real Estate Development
CategoryReal Estate Development
Description

Real estate development including build-to-suits, redevelopments, and speculative industrial and commercial projects, often structured as joint ventures with financial partners where Missner serves as developer, general contractor, and co-investor.

3Property and Asset Management
CategoryAsset Management
Description

In-house property management, accounting, and construction services managing assets in excess of $300 million across office, medical, industrial, and retail properties throughout Chicago, generating recurring management fees.

4Pre-Development Services
CategoryDevelopment Advisory
Description

Pre-development services addressing entitlements, zoning, permitting hurdles, land-related obstacles, and sustainability initiatives for real estate development projects.

5Pre-Construction Services
CategoryConstruction Services
Description

Pre-construction services ensuring project goals and requirements are met prior to construction, focused on efficient and cost-effective design and planning.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-07
Description

Joint venture partner and financing partner for Oxxford Lofts redevelopment at 1220 W. Van Buren St. in Chicago's West Loop. Missner Group serves as general contractor and is also a financial partner in the venture. Base 3 is responsible for development management and leasing (expected to begin spring 2027). The approximately $42 million project converts a historic industrial building into 112 multifamily residential units with 20% affordable housing.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-22
Description

Commercial real estate brokerage representing the seller in the acquisition of 657 Wolverine Drive in Aurora, IL. NAI Hiffman brokers Steve Connolly and Mark Moran facilitated the transaction.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-22
Description

Commercial real estate brokerage representing the buyers in the acquisition of 657 Wolverine Drive in Aurora, IL. Andrew Maletich of Cawley CRE represented The Missner Group in the transaction.

Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-01-01
Description

Architectural firm serving as project architect for the Oxxford Lofts redevelopment in Chicago's West Loop. Ware Malcomb provides architectural design services for the adaptive reuse of the historic Oxxford Clothes building.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-01
Description

Commercial real estate brokerage firm handling leasing for 4002 S. Princeton Ave industrial development. Contact: Larry Goldwasser of CBRE. CBRE also represented the seller in the 657 Wolverine Drive transaction in Aurora, IL.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-12-09
Description

Commercial real estate brokerage representing Missner Group for leasing at 8130 River Drive in Morton Grove, IL. Contact: Brendan Green at Colliers International. Also represented the seller in the 1-5 Messner Drive acquisition in Wheeling, IL.

Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2024-07-18
Description

South Carolina-based website design company that collaborated with The Missner Group on the launch of its newly revamped website and updated branding in July 2024. Stephen at Page1 Branding led the website redesign project.

Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2024-01-01
Description

Architectural services provider for Berman Star Nissan and INFINITI dealership renovation project in Niles, IL. Torch Architects provided design services for the 63,300 SF dealership renovation.

Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2024-01-01
Description

Design architect for 3900 Normal industrial development that achieved LEED Gold certification. Cornerstone Architects collaborated on the sustainable design of the 169,838 SF industrial warehouse.

Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2024-01-01
Description

Sustainability consultant working with The Missner Group and CBREIM to achieve LEED Gold certification for the 3900 Normal industrial development, providing expertise on energy efficiency and sustainable design strategies.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Chicago-based integrated real estate development and general contractor with comparable scope across industrial, multifamily, office, and adaptive reuse projects. Highly comparable to The Missner Group in size, vertical integration, and Chicago/Midwest market focus.

TypeDirect peer
Description

Chicago-based commercial real estate developer and investor with a focus on industrial, office, and healthcare properties in the Midwest. Comparable in regional footprint and developer-investor model.

TypeDirect peer
Description

Minneapolis-based fully integrated real estate development and general contractor operating across industrial, multifamily, office, and healthcare. Similar vertically integrated model and Midwest geographic concentration.

TypeDirect peer
Description

Chicago-based national general contractor with significant industrial, multifamily, and commercial work. Directly comparable as a Midwest GC serving similar end markets with development-adjacent capabilities.

TypeEmerging player
Description

Chicago-based industrial real estate developer focused on Class A logistics and warehouse facilities across the Midwest. Overlaps with Missner's industrial development segment but is more narrowly focused on logistics product.

TypeEmerging player
Description

Chicago-based industrial real estate developer specializing in Class A warehouse and distribution facilities in core US logistics markets. Comparable industrial development focus, though typically at larger scale.

TypeBroad incumbent
Description

St. Louis-based design-build general contractor and real estate developer with industrial, commercial, and healthcare focus across the US. Larger and broader in scope, but overlaps on industrial development and integrated delivery.

8Mortenson
TypeBroad incumbent
Description

Minneapolis-headquartered national builder and developer with significant industrial, healthcare, and commercial work. Comparable Midwest roots and integrated construction + development model, but at substantially larger scale.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers11 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Missner Group

Commercial Construction & Real Estate Developmentmissnergroup.com

The Missner Group is a third-generation, family-owned general contractor and real estate developer in Chicagoland delivering construction, development, and property/asset management across industrial, multifamily, automotive, healthcare, and specialty sectors, with $3B+ in lifetime project value and $300M+ in managed assets.

What The Missner Group does

The Missner Group is a third-generation, family-owned general contractor and real estate developer headquartered in Des Plaines, Illinois, operating across the Chicago metropolitan area, Northwest Indiana, and Indianapolis. Founded in 1945, the firm is led by Barry Missner (CEO) and Glen Missner (President), with a cumulative track record exceeding $3 billion in construction and development projects and more than 25 million square feet delivered. Its service portfolio spans general contracting (industrial, automotive, healthcare, multifamily, office, retail, and specialty sectors), real estate development (speculative, build-to-suit, and adaptive reuse), and in-house property and asset management for a portfolio exceeding $300 million in assets under management. Pre-development and pre-construction services — covering entitlements, zoning, permitting, and sustainable design (LEED) — sit upstream of construction delivery.

The business operates an integrated development-plus-construction model, frequently entering joint ventures with institutional capital partners such as Greystar-Thackeray, Wylie Capital, Cabrera Capital, Base 3 Development, CBRE Investment Management, and Realterm, with the firm typically serving as both general contractor and co-investor. Recent activity (2024-2026) has been concentrated in Chicago industrial development, particularly the Stockyards Industrial Corridor, alongside a $42 million adaptive-reuse multifamily project (Oxxford Lofts) and expansion into Northwest Indiana and Indianapolis through industrial portfolio acquisitions. The technology stack is standard commercial real estate software (Building Engines, Commercial Cafe, VendorCafe, YARDI) — no proprietary AI or ML capability is disclosed. Revenue is generated on a project-by-project basis through fixed-price or cost-plus construction contracts, development fees, co-investment returns, and recurring property/asset management fees; pricing is not publicly disclosed and is negotiated per engagement.

The Missner Group firmographics

Firmographics
Name
The Missner Group
Legal name
The Missner Group, LLC
Website
https://missnergroup.com
Company type
Private
Founded year
1945
Operating status
Operating
Headcount range
11–50 employees
Short description
The Missner Group is a third-generation, family-owned general contractor and real estate developer in Chicagoland delivering construction, development, and property/asset management across industrial, multifamily, automotive, healthcare, and specialty sectors, with $3B+ in lifetime project value and $300M+ in managed assets.
Ownership category
akta.pro rank

Where The Missner Group is headquartered

Location

Headquarters

HQ city
Des Plaines
HQ country
United States
HQ region
North America

Offices1 record

Markets served

The Missner Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Construction Services: General contracting services across a wide range of product types including industrial, multifamily, automotive, healthcare, office, retail, and specialty. Revenue is generated on a project-by-project basis through fixed-price contracts or cost-plus arrangements, serving as general contractor on development projects.
  2. Real Estate Development: Real estate development, investment, and acquisition services. The company develops speculative and build-to-suit industrial, multifamily, and commercial properties, often in joint venture with financial partners, generating revenue through property sales, development fees, and co-investment returns.
  3. Property and Asset Management: In-house property management and accounting services for a portfolio of office, medical, industrial, and retail properties. The company manages assets in excess of $300 million, generating recurring management fees and providing construction services to managed properties.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

The Missner Group product offering

Product offering

Core offering

The Missner Group is a third-generation, fully integrated general contractor and real estate developer serving Chicago and the Midwest. It delivers construction across industrial, multifamily, automotive, healthcare, office, retail, and specialty sectors, develops build-to-suit and speculative projects (often via joint ventures), and provides in-house property and asset management for a $300M+ portfolio.

Product overview

The Missner Group is a third-generation, fully integrated general contractor and real estate development company offering a unified suite of services. The core offering combines general contracting services across multiple sectors (multifamily, office, retail, automotive, healthcare, industrial) with real estate development capabilities (build-to-suits, redevelopments, speculative projects), supplemented by in-house property and asset management services managing over $300 million in assets. Pre-development and pre-construction services support the construction and development lifecycle from entitlements through delivery.

Differentiator

Problem solved

Functional benefit

Products and services

  • General Contracting Services Full-service general contracting across multifamily housing, office, retail, automotive, healthcare, recreational fitness, education, and industrial distribution/warehousing sectors. Serves institutional investors, municipalities, and private commercial clients on a project-by-project basis.
  • Real Estate Development Real estate development including build-to-suits, redevelopments, and speculative industrial and commercial projects, often structured as joint ventures with financial partners where Missner serves as developer, general contractor, and co-investor.
  • Property and Asset Management In-house property management, accounting, and construction services managing assets in excess of $300 million across office, medical, industrial, and retail properties throughout Chicago, generating recurring management fees.
  • Pre-Development Services Pre-development services addressing entitlements, zoning, permitting hurdles, land-related obstacles, and sustainability initiatives for real estate development projects.
  • Pre-Construction Services Pre-construction services ensuring project goals and requirements are met prior to construction, focused on efficient and cost-effective design and planning.

Quantifiable outcome

  • Over $3 billion in construction and real estate development projects completed since 1945
  • +5 more outcomes

Companies that use The Missner Group

Customer profile

Named customers11 records

Segments6 records

Ideal customer profiles2 records

The Missner Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

The Missner Group partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

  • Base 3 DevelopmentcoreStrategic or Co-development Partner · 7 May 2026Joint venture partner and financing partner for Oxxford Lofts redevelopment at 1220 W. Van Buren St. in Chicago's West Loop. Missner Group serves as general contractor and is also a financial partner in the venture. Base 3 is responsible for development management and leasing (expected to begin spring 2027). The approximately $42 million project converts a historic industrial building into 112 multifamily residential units with 20% affordable housing.
  • NAI HiffmanminorChannel Partner/ Reseller/ Distributor · 22 April 2026Commercial real estate brokerage representing the seller in the acquisition of 657 Wolverine Drive in Aurora, IL. NAI Hiffman brokers Steve Connolly and Mark Moran facilitated the transaction.
  • Cawley CREminorChannel Partner/ Reseller/ Distributor · 22 April 2026Commercial real estate brokerage representing the buyers in the acquisition of 657 Wolverine Drive in Aurora, IL. Andrew Maletich of Cawley CRE represented The Missner Group in the transaction.
  • Ware MalcombminorImplementation/ SI/ Consulting Partner · 1 January 2026Architectural firm serving as project architect for the Oxxford Lofts redevelopment in Chicago's West Loop. Ware Malcomb provides architectural design services for the adaptive reuse of the historic Oxxford Clothes building.
  • CBREminorChannel Partner/ Reseller/ Distributor · 1 January 2026Commercial real estate brokerage firm handling leasing for 4002 S. Princeton Ave industrial development. Contact: Larry Goldwasser of CBRE. CBRE also represented the seller in the 657 Wolverine Drive transaction in Aurora, IL.
  • Colliers InternationalminorChannel Partner/ Reseller/ Distributor · 9 December 2025Commercial real estate brokerage representing Missner Group for leasing at 8130 River Drive in Morton Grove, IL. Contact: Brendan Green at Colliers International. Also represented the seller in the 1-5 Messner Drive acquisition in Wheeling, IL.
  • Page1 BrandingminorImplementation/ SI/ Consulting Partner · 18 July 2024South Carolina-based website design company that collaborated with The Missner Group on the launch of its newly revamped website and updated branding in July 2024. Stephen at Page1 Branding led the website redesign project.
  • Torch ArchitectsminorImplementation/ SI/ Consulting Partner · 1 January 2024Architectural services provider for Berman Star Nissan and INFINITI dealership renovation project in Niles, IL. Torch Architects provided design services for the 63,300 SF dealership renovation.
  • Cornerstone ArchitectsminorImplementation/ SI/ Consulting Partner · 1 January 2024Design architect for 3900 Normal industrial development that achieved LEED Gold certification. Cornerstone Architects collaborated on the sustainable design of the 169,838 SF industrial warehouse.
  • Branch PatternminorImplementation/ SI/ Consulting Partner · 1 January 2024Sustainability consultant working with The Missner Group and CBREIM to achieve LEED Gold certification for the 3900 Normal industrial development, providing expertise on energy efficiency and sustainable design strategies.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

The Missner Group competitors and assessment

Company assessment

Direct peers

  • Clarius Partners: Chicago-based integrated real estate development and general contractor with comparable scope across industrial, multifamily, office, and adaptive reuse projects. Highly comparable to The Missner Group in size, vertical integration, and Chicago/Midwest market focus.
  • Conor Commercial Real Estate: Chicago-based commercial real estate developer and investor with a focus on industrial, office, and healthcare properties in the Midwest. Comparable in regional footprint and developer-investor model.
  • Opus Group: Minneapolis-based fully integrated real estate development and general contractor operating across industrial, multifamily, office, and healthcare. Similar vertically integrated model and Midwest geographic concentration.
  • McShane Construction: Chicago-based national general contractor with significant industrial, multifamily, and commercial work. Directly comparable as a Midwest GC serving similar end markets with development-adjacent capabilities.

Emerging players

  • Logistics Property Company: Chicago-based industrial real estate developer focused on Class A logistics and warehouse facilities across the Midwest. Overlaps with Missner's industrial development segment but is more narrowly focused on logistics product.
  • Bridge Industrial: Chicago-based industrial real estate developer specializing in Class A warehouse and distribution facilities in core US logistics markets. Comparable industrial development focus, though typically at larger scale.

Broad incumbents

  • Clayco: St. Louis-based design-build general contractor and real estate developer with industrial, commercial, and healthcare focus across the US. Larger and broader in scope, but overlaps on industrial development and integrated delivery.
  • Mortenson: Minneapolis-headquartered national builder and developer with significant industrial, healthcare, and commercial work. Comparable Midwest roots and integrated construction + development model, but at substantially larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

The Missner Group social profiles

Digital presence

The Missner Group compliance and trust

Trust signal

Compliance2 records

The Missner Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Missner Group leadership team

Management profile

Number of profiles

Profiles10 records

The Missner Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Missner Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Missner Group

What does The Missner Group do?

The Missner Group is a third-generation, fully integrated general contractor and real estate developer serving Chicago and the Midwest. It delivers construction across industrial, multifamily, automotive, healthcare, office, retail, and specialty sectors, develops build-to-suit and speculative projects (often via joint ventures), and provides in-house property and asset management for a $300M+ portfolio.

Is The Missner Group a public or private company?

The Missner Group is a private company. It is classified as family owned and is currently operating.

When was The Missner Group founded?

The Missner Group was founded in 1945. It employs 11 to 50 people.

Where is The Missner Group based?

The Missner Group is headquartered in Des Plaines, United States, in the North America region.

How does The Missner Group make money?

Three revenue lines are on record. Construction Services are the primary driver. The others are real Estate Development and property and Asset Management.

Who are The Missner Group's main competitors?

Direct peers on record are Clarius Partners, Conor Commercial Real Estate, Opus Group and McShane Construction. Emerging players are Logistics Property Company and Bridge Industrial. Broad incumbents are Clayco and Mortenson.

Does The Missner Group have an API?

No public API is recorded for The Missner Group.

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Live signals
AxiosChicago developers see a future at the old Union StockyardsChicago developers The Missner Group are modernizing the old Union Stockyards, building a new warehouse and office at 4002 S. Princeton. They spent $5-6 million to remediate contaminated land, and the area's absorption rate is improving, though no tenants are disclosed.PR NewswireThe Missner Group Breaks Ground on 4002 S. Princeton Ave, a 180,000+ Industrial Development in Chicago's Stockyards DistrictThe Missner Group, a Chicago-based real estate firm, broke ground on June 26, 2025, on a 180,000+ square foot industrial development at 4002 S. Princeton Ave in Chicago's Stockyards District, in partnership with investment firm Greystar-Thackeray, with completion expected in Q2 2026. The LEED-certified facility will include 20 exterior loading docks, two drive-in doors, 36 trailer positions, and parking for 208 cars, targeting industrial and manufacturing tenants with build-to-suit space. The project qualifies for Chicago's Enterprise Zone 2 incentives including sales tax exemptions and the 6b tax incentive program for new industrial development.PR NewswireThe Missner Group and Realterm Successfully Complete Construction of Industrial Building in the Chicago StockyardsThe Missner Group and Realterm announced the completion of a 130,354 square foot class-A industrial building at 1032 W 43rd Street in Chicago's Stockyards district, their third and final joint venture project. The speculative industrial facility, featuring 32-foot clear heights, 26 exterior docks, and 276 parking spaces, was completed with 61,000 square feet pre-leased to Atom Banana prior to completion. The developers also disclosed that The Missner Group awarded $2.5 million in construction costs to minority-owned businesses and $600,000 to women-owned businesses, with 50% of construction labor performed by Chicago residents.