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IllinoisIndustrial

Lee & Associate closes lease that brings Elgin industrial building to full occupancy

June 29, 2026
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Photo courtesy of Lee & Associates.

Lee & Associates closed a 64,624-square-foot lease transaction at 2801 Alft Lane in Elgin, Illinois, bringing the building to 100% occupancy. 

John Cassidy, SIOR and Ken Franzese, SIOR, principals at Lee & Associates’ Illinois office, represented the owner, Cabot Properties. Jay Farnam, also principal at Lee & Associates of Illinois, represented the tenant, Premier Handling Solutions, a leading machine and equipment manufacturer for the supply-chain industry.

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