Brian W. Kling, senior vice president; and Thomas M. Condon, senior vice president, both with the Industrial Advisory Group of Colliers International | Chicago, represented CenterPoint Properties in a 100,377-square-foot new long-term lease to Lenze at 125 Wall Street Trail in Carol Stream, Ill.
Headquartered in Germany, Lenze is a world-wide specialist in drive and automation technology offers products, solutions, systems and services for mechanical and electronic drives as well as complete automation systems from a single source.
Constructed in 1995, 125 Wall Street is a 100,377-square-foot free-standing facility. Located in the High Grove West Business Park in Glendale Heights, the cross-docked building features over 6,000 amps of power, 30′ clear ceiling height, 7 exterior docks, and 1 drive-in door. Significant work has been started on both interior and exterior renovations.
Matt Mulvihill of Grubb and Ellis represented Lenze in this lease transaction.