Logistics and transportation services company STG (St. George Logistics), in partnership with real estate developer Hamilton Partners, announced Tuesday a multimillion dollar expansion to its logistics center in Elk Grove Village, which will become the company's new regional headquarters.
The center at 875 Devon Ave. consist of more than 250,000 square feet of distribution space, and 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, the company said in a release. The facility will also feature a new, state-of-the-art truckers' lounge with accommodations including televisions, charging stations and a self-service market.
When it is completed in the first quarter of 2018, the company said the facility will reduce trucker wait times, enhance ease of access, and increase the number of street turns.
"Our investment in a Chicago headquarters showcases our commitment to our customers, our trucker partners, and the local community," said STG President and CEO Hessel Verhage. "The capacity and efficiency expansions will help our customers receive faster and better service, while our innovative truckers' lounge concept will make our trucker partners -- the lifeblood of the supply chain industry -- feel welcome and comfortable."
Kirk Hamilton, CEO of Itasca-based Hamilton Partners, said his firm owns and manages more than 5 million square feet of commercial real estate around Chicago.
"We are focused on partnering with leading organizations to create world-class working environments for their employees and customers," said Hamilton.
Chicago-based STG's network of 32 facilities nationwide provides warehousing and transportation services for third party logistics providers and other firms in the food and beverage, consumer electronics, engineered products, home fashion, retail and other industries.