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MidwestCRE

Cushman & Wakefield awarded leasing and management of Carol Point

Staff Writer April 5, 2017
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AEW Capital Management has awarded Cushman & Wakefield of Illinois Inc. the agency leasing and property management assignment for Carol Point Business Center, a three-building, 427,192-square-foot complex located in Carol Stream. The industrial park was recently purchased by AEW on behalf of one of its institutional clients. Britt Casey and Victoria Knudson of C&W will oversee the leasing and management of Carol Point Business Center.

Built in the early 1990s, Carol Point Business Center is located in the Central DuPage submarket and consists of three one-story buildings located at 882-898 Carol Court, 883-899 Carol Court and 815-845 Carol Court. The Class A property was approximately 82 percent leased at closing. Major tenants include PartyLite, Spraying Systems, Defined Logistics, Tyco Fire Products and GE Energy.

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