Lee & Associates announced its June transactions, which includes seven industrial, and one lease sale—Five of the industrial are in Illinois, one in Wisconsin, and one in Indiana.
Illinois
Melrose Park: Warehouse/distribution building in Melrose Park
Lee & Associates has closed a sales transaction for a 20,500-square-foot industrial warehouse building located at 2000 Anson in Melrose Park, Illinois.
Ryan Kehoe, vice president at Lee & Associates’ Illinois, represented the seller, Raccanto Foods. Matthew Rasche of Patrick Commercial represented the buyer, Andrew Distribution, a leading regional provider of transportation and distribution services to newspapers.
Addison: Industrial building sale
Lee & Associates has closed an industrial building sales transaction for a 11,800-square-foot industrial building located at 310 La Londe Ave. in Addison, Illinois.
Jay Farnam, senior associate, at Lee & Associates’ Illinois office, represented the seller, Kurt Flinker. Mike Antonelli of Brown Commercial Group represented the buyer, Benchmark Property Solutions LLC.
Aurora: Land sale in Aurora
Lee & Associates has closed a nearly 18.85-acre land sales transaction located at Sequoia & Sullivan Roads in Aurora, Illinois.
Principals Jeffrey Janda, SIOR, James Planey, SIOR, and Mike Anrowich at Lee & Associates’ Illinois office, represented the seller, CenterPoint Properties. Jim Estus, SIOR of Colliers represented the buyer, Seefried Industrial Properties.
Elgin: An 18,595-square-foot industrial lease
Lee & Associates negotiated a lease for a 18,595 square-foot industrial space located at 2820 Galvin Drive in Elgin, Illinois.
John Sharpe, principal and Steve Bass, vice president at Lee Illinois represented the landlord, Stockbridge Capital Group. The tenant, Red Door Spas/Elizabeth Arden, was represented by Brian Carroll of Newmark Grubb Knight Frank.
Sauk Village: A 259,000 square foot industrial lease
Lee & Associates negotiated a lease for a 259,000-square-foot industrial space located at 21700 Mark Collins Dr. in Sauk Village, Illinois.
Principals Jim Planey, SIOR and Jeffrey Janda, SIOR of Lee Illinois represented the landlord, Global Logistic Properties. The tenant, Warehouse Specialist, Inc., was represented by Jerry Sullivan with Paine Wetzel.
Alsip: Lee & Associates of Illinois represent KT Advancetec, Inc. in sale of 23,663-square-foot industrial building
Lee & Associates closed a sales transaction for a 23,663-square-foot industrial building located at 4851 W. 115th St. in Alsip, Illinois.
Walter Murphy, principal of Lee & Associates’ Illinois office, represented the seller, KT Advancetec, Inc. The buyer was represented by Greg Buczek of Homesmart Realty Group.
Itasca: The purchase of a 59,433 SF industrial building
Lee & Associates has closed a sales transaction for a 59,433-square-foot industrial building located at 1500 W Bryn Mawr Ave. in Itasca, Illinois.
Jeffrey Janda, SIOR, principal at Lee & Associates of Illinois represented the buyer, Phoenix Converting, LLC, a leading provider of turnkey packaging management and global sourcing solutions. Doug Pilcher and Noel Liston of Darwin represented the seller, ProLogis, Inc.
Indiana
Hobart: Lease renewal on behalf of Vision Integrated Graphics Group, Inc.
Lee & Associates negotiated a lease renewal for a 62,800-square-foot manufacturing industrial space located at 1701 NorthWind Pkwy. in Hobart, Indiana.
Principal Walter Murphy of Lee Illinois represented the tenant, Vision Integrated Graphics Group, Inc., a company specializing in marketing solutions for growing businesses. The landlord, Indiana Land Becknell Investors, LLC was represented by Scott Duerkop of Jones Lang LaSalle.
Wisconsin
Kenosha: Industrial lease on behalf of Yutka Storage LLC
Lee & Associates negotiated a lease for a 5,160-square-foot industrial space located at 6606 34th Ave. in Kenosha, Wisconsin.
James Kettinger, associate at Lee Illinois represented the landlord, Yutka Storage LLC. The tenant in the transaction was Always Towing & Recovery Inc.
