STG (St. George Logistics), jointly with real estate developer Hamilton Partners, has announced a multi-million dollar expansion to STG´s logistics center in the Greater Chicago Area, the company said.
The resulting campus, located in Elk Grove Village, will become STG´s new regional headquarters upon its completion in the first quarter of 2018.
Operating 32 facilities across the US, STG is one of the country´s providers of warehousing and transportation services critical to the import/export supply chain. The company´s operations in greater Chicago, located at 875 Devon Avenue in Elk Grove Village, consist of over a quarter of a million square feet of prime distribution space. These facilities will be upgraded to expand processing capacity, increase efficiency, and to create corporate offices that will house several company executives and a variety of newly created corporate positions.
STG plans to significantly increase the facility´s number of bay doors, expand door widths to accommodate oversized loads, and implement major upgrades to lift mechanisms. In addition to materially increasing STG´s capacity and capabilities in Chicago, the upgrades will also reduce trucker wait times, enhance ease of access, and increase the number of street turns. Moreover, the facility will feature a new, state-of-the-art truckers´ lounge with unmatched accommodations including televisions, charging stations, a self-service market, and other comfortable accommodations.
STG (St. George Logistics) is a asset-light provider of complex and highly customized logistics and transportation services focused on the global supply chain. The company´s comprehensive suite of services includes value-added contract and specialized warehousing including container freight management, inventory management, distribution, and e-commerce fulfillment as well as multi-modal ground transportation.
Hamilton Partners was formed in 1987 after a core group of partners separated from Trammell Crow´s Midwest operations. Hamilton Partners has since grown to be one of the largest privately held real estate development firms in the central US with a total portfolio of over 17 million square feet. Our portfolio consists of office, industrial, apartment and retail properties with projects in Chicago, Salt Lake City, Denver, Milwaukee and Raleigh Durham.