Data Centers Power Grayslake’s Industrial Developement
Grayslake, Illinois, is emerging as a significant hub in the Chicago-area industrial real estate landscape. A notable development is T5 Data Centers’ substantial investment in the region. Over the past year, T5 has acquired approximately 255 acres in Grayslake, with plans to develop a 20-building data center campus, marking its largest project in the Chicago area.
This influx of investment is catalyzing growth in Grayslake’s commercial real estate market. Currently, there are 17 commercial properties available, encompassing various sectors, including industrial spaces. The presence of large-scale projects like T5’s campus is expected to attract ancillary businesses and services, further boosting demand for industrial space in Grayslake.
What Makes The Grayslake Market Unique?
1. Strategic Central Location in Lake County
Grayslake is situated at the heart of Lake County, offering equidistant access to both Milwaukee and Chicago. It’s located near major regional arteries like Route 120, Route 83, and I-94, allowing efficient truck and commuter access while avoiding the congestion and cost premiums of inner-ring suburbs.
2. Infrastructure Capacity and Land Availability
Grayslake offers rare, development-ready land with strong power and utility access. Beyond data centers, major players like Medline Industries have built large facilities, demonstrating that the village can support both logistics and advanced industrial users needing scale, speed, and infrastructure.
3. Underserved Industrial Demand
Grayslake sits in a supply gap between the saturated Lake Cook Corridor and the legacy industrial parks of Waukegan. This allows it to absorb demand for modern logistics and industrial space from mid-sized users and institutional developers, especially in light industrial, clean tech, and data infrastructure.
4. Forward-Thinking Municipal Planning
The Village of Grayslake has long prioritized balanced development with an eye toward economic sustainability. It’s known for its collaborative approach to entitlements and zoning, making it an attractive partner for commercial developers looking for speed-to-market.
5. Skilled Workforce Proximity
With College of Lake County and several nearby high schools offering vocational and technical training, Grayslake sits within a dense labor shed of skilled industrial workers. This workforce availability is particularly appealing to advanced manufacturers and logistics firms.
Commercial Real Estate Opportunites In Grayslake
For businesses and investors seeking opportunities, engaging with a knowledgeable commercial real estate agent in Grayslake is crucial. These professionals can provide insights into market trends, property availability, and strategic investment opportunities, ensuring clients make informed decisions in this evolving market.
In summary, Grayslake’s commercial real estate sector is experiencing significant growth, driven by substantial investments and a surge in demand for industrial spaces. Partnering with an experienced commercial real estate agent in Grayslake can provide the guidance needed to navigate this dynamic market successfully.
