History

2025
Break ground on 211 acre Gateway Business Park – Geneva, IL including nearly one mile of road and utility infrastructure
Close and break ground on two building spec development in Savannah, GA + acquire two additional sites in Jacksonville, FL
Close and start to deploy MWI Value Fund IV
2024
Rebrand the company MWI Property Group as part of our continued national expansion

2023
Close and break ground on four new speculative and build-to-suit developments totaling 1.6 million SF, including 337,000 SF in Jacksonville, FL
2022
Expand the Development Team to grow the Midwest Industrial Funds platform across the country

2021
Raise and close our third discretionary private value-add investment fund
Develop two million square feet of spec buildings
2020
We complete our 75th industrial investment
2019
Complete the 600,000 SF redevelopment of 6600-6620 River Road in Hodgkins, IL — one of the largest and most complex existing industrial repositioning projects in metro Chicagoland

2017
Raise and close our second discretionary private value-add investment fund
2016
Founders resign as partners at Lee & Associates to focus solely on the management, leadership, and continued growth of the Midwest Industrial Funds platform


2015
We complete our 50th industrial investment
2014
Raise and close our first discretionary private value-add investment fund
2010
We complete our 25th industrial investment
2002
As two of the founding partners of Lee & Associates’ Chicago office, Michael and Justin help grow it into a top-tier commercial real estate services firm
2001
Michael and Justin develop their first industrial spec investment together
1996
Michael Androwich and Justin Fierz meet as industrial real estate brokers

