Timothy Thompson, executive vice president and managing director of the Industrial Brokerage division, HSA Commercial Real Estate, represented Denver-based Industrial Income Trust Inc. in a long-term, 147,625-square-foot lease with Casio America, Inc. at 1203 Bilter Road in Aurora, Ill. Casio, a leading manufacturer and seller of consumer electronic devices, will relocate from Glendale Heights, Ill. and will utilize the Aurora facility for its regional distribution operations
The 294,740-square-foot Bilter Road facility was developed by HSA Commercial in 2007 and was sold to Industrial Income Trust Inc. as part of a $100 million portfolio sale in 2010. The facility, which features 30-foot clear heights and convenient access to Interstate 88, is now fully-leased since Thompson also assisted Industrial Income Trust Inc. in a 147,115-square-foot lease with supply chain management firm UTi Worldwide, Inc. (Nasdaq: UTIW) last October.
Andy Corken of The Modal Group represented Casio America Inc. in the lease transaction at 1203 Bilter Road, and UTi Worldwide, Inc. was represented by Jeff Janda of Lee & Associates.
