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MidwestIndustrial

Lee & Associates announces more than 300k s.f. of industrial deals

Staff Writer April 5, 2017
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Lee & Associates has announced the following transactions in its Chicago office. The firm has recently completed more than 328,000 square feet of industrial transactions.

Nick Eboli, senior associate, of Lee & Associates of Illinois, LLC represented CPS, Inc. in their lease of 34,013 square feet of manufacturing space located at 80 Internationale Boulevard in Glendale Heights.  Mike Sedjo, Chris Zubel and Anna Sedjo, of CB Richard Ellis represented building ownership, ProLogis, in the transaction.

John Cassidy and Ken Franzese, both principals, of Lee & Associates of Illinois, LLC represented Strictly FX in their leasing of 14,503 square feet of flex space located at 1400 Michael Drive in Wood Dale.  Chris Zubel of CB Richard Ellis represented building ownership, ProLogis, in the transaction.

Cassidy and Franzese also represented JAS Forwarding in their lease of 78,200 square feet of industrial space located at 1400 Algonquin Road in Mt. Prospect.  Matt Stauber of Colliers International, represented building ownership, ING/Clarion Partners, in the transaction.

Chris Nelson, principal, of Lee & Associates of Illinois, LLC represented IJS Global Inc. in the leasing of 18,834  square feet of warehouse space located at 1055 Stevenson Court in Roselle.  Brian Kling of Colliers International represented building ownership, James Campbell Company, in the transaction.

ADMO has purchased a 42,280 square feet industrial building located at 1370 Gateway Drive in Elgin.  Steve Bass of Lee & Associates of Illinois, LLC represented the seller, KNEBL, LLC, in the transaction.

Scott Anderson, vice president, of Lee & Associates of Illinois, LLC, represented building ownership, Arquilla Industries in the sale of a 40,410 square feet warehouse on 5.85 acres in Harvey, Ill. The buyer, Seefried Properties was represented by CBRE. The property, which is adjacent to the Canadian National Railroad intermodal, will serve as a distribution center for The American Bottling Company.

Anderson also represented building ownership, CenterPoint Property Trust in the sale of a 102,107-square-foot manufacturing facility on 5.8 acres in Chicago. The property is located on the south east side of Chicago, within the Ford Supplier Park. The Ford Motor Company was the buyer.

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