Itasca, Illinois-based ML Realty Partners leased 692,477 square feet in the Chicago market during the fourth quarter of 2023. About 300,000 square feet of those deals represent existing tenant expansions and new leases.
ML Realty Partners’ deals included:
- Undisclosed Tenant: new lease of 70,360 square feet at 1203 Lakeview Drive, Romeoville.
- American Signature: new lease of 70,117 square feet at 55 W. Army Trail Road, Glendale Heights.
- Ole Mexican Foods: new lease of 18,500 square feet at 14503 S. Gougar Road, Lockport.
- Ferrara Candy Company: lease renewal of 234,000 square feet at 2300 Maywood Drive, Bellwood.
- Pepperidge Farm: lease renewal of 87,602 square feet at 15901 W. 147th Street, Lockport.
- Gruma: lease renewal of 61,163 square feet at 14407 S. Gougar Road, Lockport.
- United Trading: lease renewal and expansion within 201 W. Oakton Avenue, Des Plaines, now occupying 60,311 square feet.
- Nimlok Chicago: lease renewal and expansionwithin 111-115 Rawls, Des Plaines, now occupying 51,133 square feet.
- Shape: lease renewal of 39,291 square feet at 2105 Corporate Drive, Addison.
“ML Realty Partners continues to see demand for highly functional buildings located in key markets.” said Matt Novak, Leasing Director of ML Realty Partners. “In maintaining our investment strategy of acquiring, developing, and operating assets such as these, we continue to experience existing clients wanting to grow with us. We are also attracting new clients seeking a strong partner that aligns with both their current needs and a future growth plan.”
