Skip navigation

Is this record broken? Chicago absorbs like a sponge

Much to the pleasure of developers, brokers and lenders, Chicagoland tenants continue to gobble up industrial space at a near-record pace.

In North Aurora, Ill., Itasca, Ill.-based AMLI Commercial Properties Trust has sold a 20.9-acre parcel to locally based Euclid Beverage for a 200,000 sq. ft. build-to-suit. Locally based Darwin Realty represented Euclid. Grubb & Ellis represented AMLI.

Also in Chicago's western suburbs, the western regional office of Atlanta-based Industrial Developments International has leased two buildings totaling 282,000 sq. ft. In Carol Stream, locally based Heads & Threads International LLC has leased 151,111 sq. ft. at Carol Stream Business Park. The local office of CB Richard Ellis represented IDI, while locally based NAI Hiffman represented Heads & Threads.

In Naperville, IDI leased 130,469 sq. ft. to Dallas-based at Prairie Pointe Corporate Park. Locally based Collier Bennett & Kahnweiler represented IDI, while CB Richard Ellis represented the tenant.

Not to be outdone, the downtown and suburban Chicago offices of Cushman & Wakefield have closed a pair of 100,000 sq. ft.-plus transactions. Cushman & Wakefield's suburban office represented Duke-Weeks in its lease of 100,560 sq. ft. in Bolingbrook, Ill., to Oak Brook, Ill.-based Elkay Manufacturing Corp. Locally based Epic/Savage represented Elkay, which is expanding in the Chicago area.

Cushman & Wakefield's downtown office represented landlord Prudential Investors in its lease of 147,400 sq. ft. in Lemont, Ill., to Bellwood, Ill.-based Russell-Field Paper Co. for Russell-Field's manufacturing and distribution headquarters. Colliers, Bennett & Kahnweiler represented Russell-Fields.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.