NGKF represented long-time client, LeSaint Logistics, LLC in the subleasing of 190,706 square feet at 750 Veterans Parkway in Bolingbrook, Illinois.
LeSaint Logistics, LLC is a third-party logistics provider, developing customized, knowledge-based, and integrated supply chain solutions for customers from a wide range of industries. NGKF has represented LeSaint since 2006–most recently, NGKF advised and represented LeSaint in September of this year in the renewal of its 94,584-square-foot lease at 868 W. Crossroads Parkway in Romeoville, Illinois.
Built in 2007, 750 Veterans Parkway is a 228,494-square-foot industrial warehouse on 13.53 acres. The property’s location has access to two full interchanges at I-55 and I-55 Weber Road. 750 Veterans Parkway features 51 exterior docks, one drive-in door, 30′ clear height, T-5 lighting, ESFR sprinklers as well as ample car and trailer parking.
“LeSaint was in need of an additional location based on the firm’s continued growth in the Chicago marketplace,” said Corey Chase, senior managing director in NGKF’s Chicago office. “After an extensive search, 750 Veterans Parkway was the best fit due to it being in proximity to LeSaint’s Romeoville location while also offering immediate access to two full interchanges and low Will County taxes.”
Chase led the NGKF brokerage team along with Josh Young, SIOR, senior managing director. Chase and Young assisted in the firm’s financial analysis, market education, site selection analysis as well as negotiations. Dan Smolensky, SIOR, principal of Taurus Modal Group, represented the sub-landlord in the transaction.
