Lee & Associates, one of the largest national commercial real estate providers, negotiated two industrial lease transactions in the DuPage submarket totaling 67,244 square feet.
Kenneth Franzese and John Cassidy, SIOR, principals at Lee & Associates of Illinois, represented Woodland Group—a privately-owned logistics, e-commerce, and supply chain management company—in a 38,475-square-foot lease renewal at 325 W. Lake Street, Suite B in Elmhurst, Illinois. Tom Maher of Hamilton Partners represented the landlord.
A 28,769-square-foot lease expansion at 775 Belden Avenue in Addison, Illinois, has brought the 200,907-square-foot property to 100% occupied. Jeff Janda, SIOR and Michael Plumb, principals at Lee & Associates of Illinois, represented landlord Link Logistics. Rick Morris of Cresa represented tenant Bauderer Packaging.
