Photo: Matthew Jackson / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. The company that spent years collecting casino rent is about to collect warehouse rent. Gaming and Leisure Properties and Prologis have formed a joint venture to redevelop the former Hollywood Casino site in Joliet, Illinois, into a logistics campus of more than 3.8 million square feet, according to GLPI’s announcement. The Real Deal detailed the plan this week. GLPI is contributing the 262-acre…
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A Casino Landlord Just Made Its First Non-Gaming Bet. It’s 3.8 Million Square Feet of Warehouses in Joliet.
GLPI and Prologis plan a 3.8 million-square-foot logistics campus on Joliet’s former Hollywood Casino site, subject to city review and phased options.
