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MidwestIndustrial

Darwin announces three new leases at DCT Business Center

Staff Writer April 2, 2017
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Darwin Realty has announced the signing of long-term leases within the 1 million-square-foot DCT Business Center Elgin:

  • Printpack, Inc. renewal and expansion into a total of 49,134 square feet at 300 Corporate Drive
  • CentiMark Corporation long-term lease of 34,449 square feet at 200 Corporate Drive
  • Wisdom Adhesives long-term lease of 39,131 square feet at 350 River Ridge Rdoad

Principal Noel S. Liston and Associate Brendan Sheahan are the exclusive agents for the park and represented owner, DCT Industrial, in the transactions. Printpack, Inc. was represented by Jason Talanian and Ed Lowenbaum of Lowenbaum REP; CentiMark was represented by John Whitehead of NAI Hiffman;  and Wisdom Adhesives was represented by Bruce Granger of NAI Hiffman.

Darwin Realty closely worked with DCT Industrial in underwriting the acquisition and represented DCT in the purchase of the 1 million-square-foot portfolio in 2014. Subsequently, Liston and Sheahan have diligently worked along with the DCT team to bring the park to 100 percent occupancy.

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