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MidwestCRE

HSA Commercial completes 48,000 SF lease with Forest Envelope in Bolingbrook, IL

Staff Writer April 4, 2017
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Timothy Thompson, executive vice president and managing director of the Industrial Brokerage division of HSA Commercial Real Estate, represented ownership of an industrial facility located at 309 East Crossroads Parkway, Bolingbrook, Ill. in a 48,024-square-foot long-term lease with Forest Envelope Company. Forest Envelope, a manufacturer and printer of specialty envelope products, is more than doubling the size of its operations as the firm relocates from its current 23,000-square-foot building in Lisle.

An entity affiliated with HSA Commercial, Inc. purchased the Crossroads Parkway building in December 2010. The fully air conditioned facility is located just minutes away from the interchange of Bolingbrook Drive and Interstate 55 just west of Interstate 355, two of Chicagoland’s most vital transportation corridors. Furthermore, the Crossroads Parkway building offered Forest Envelope a fully built-out, 7,794-square-foot office space for the company’s administrative and sales staff.

Forest Envelope Company was represented by Mark Moran, executive vice president and partner at NAI Hiffman.

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