Conor Commercial Real Estate, a member of The McShane Companies, and joint venture partner, Globe Corporation, announced that Illinois Tool Works Inc. (ITW) has executed a lease at Northwest Pointe, a speculative industrial development in Elgin, Illinois. The 342,620 square foot industrial facility is located at 2501 Galvin Road within the Northwest Corporate Park, offering immediate access to I-90 via the Randall Road four-way interchange.
ITW will occupy 136,972 square feet within Northwest Pointe upon completion of the tenant improvement work that is currently underway and scheduled for completion in December 2014.
ITW is one of the world’s leading diversified manufacturers of engineered fasteners and components, equipment and consumable systems and specialty products. The firm employs nearly 51,000 and is based in Glenview, Illinois, with operations in 56 countries.
The fully-customized, 136,972 square foot tenant suite will feature 32′ clear height warehouse ceilings, a cross-dock distribution design utilizing 24 dock doors and two drive-in doors. A 6,314 square foot office will also be completed to provide open workstations, conference rooms and a break room for ITW staff. The property provides generous on-site parking for 343 vehicles.
