Colliers International | Chicago’s John D’Orazio represented H. Betti Industries, Inc. (HBI) in its new 41,168-square-foot lease at 350 N. York Road in Bensenville, Illinois. On August 1, 2020, HBI will consolidate two of its existing operations—a 25,000-square-foot distribution center in Bensenville and a smaller satellite location in Wood Dale, Illinois—at the new location.
“As HBI evaluated its suburban real estate holdings it became clear that they had an opportunity to reduce costs and create operating efficiencies via consolidation,” said D’Orazio.
HBI distributes amusement, vending and audio-visual equipment. The company also offers parts and service for video games, pinball machines, jukeboxes, pool tables and currency changers to customers throughout the United States.
Owned by Prologis, 350 N. York Rd. features 32-foot clear ceiling height, 10 loading docks as well as built-to-suit office and showroom space optimized for HBI’s operational needs. The property allows excellent access to expressways and enables quick service to the firm’s Midwestern client base.
“The property’s Bensenville location, and Chicago in general, offers an unparalleled distribution network and was the main driver for this move,” said D’Orazio.