Cushman & Wakefield has represented ShipFusion Inc. in its 381,600 square foot lease at 365 E. North Avenue in Carol Stream, Illinois. The location will be home to the company’s new U.S. flagship operation. ShipFusion provides proprietary inventory management software and a wide range of fulfillment services including freight, insurance, returns and custom workflows.
Completed in 2017 as a spec development, the Class A industrial facility, located in DuPage County, will include more than 330,000 square feet of warehouse space, in addition to 40,000 square feet of temperature-controlled space, and 8,500 square feet for corporate offices. Building features include 36-foot clear heights, cross-docks and high visibility off North Avenue.
ShipFusion was represented by Cushman & Wakefield’s Doug Pilcher and Jason West. The property’s landlord, Link Industrial Properties, was represented by David Prell and Kevin Segerson of CBRE.
“It’s been incredible to see ShipFusion’s rapid growth from a 25,000-square-foot property just five years ago to where they are today,” said Pilcher. “We’re excited to be able to bring their U.S. headquarters under one roof in a state-of-the-art facility, with easy access to I-355 and both Chicago international airports.”
“As online retail continues to grow at a rapid pace, the need for flexible e-commerce fulfillment with strong software grows with it,” said Brandon Luft, co-founder at ShipFusion. “This new facility allows us to expand our operations significantly and serve a larger number of e-commerce clients across the globe and the U.S., as they scale their businesses.”