Newmark Grubb Knight Frank recently completed a long-term, 121,663-square-foot lease to an undisclosed food and beverage company at 9020 Murphy Road in Union Pointe Business Park in Woodridge, Illinois.
NGKF completed this transaction on behalf of the building ownership, Met Life.
This past May, NGKF also represented the Union Pointe Business Park in the 145,200-square-foot, 10.6-acre, build-to-suit for purchase to remaining AMS Mechanical Systems, Inc. within the park. The two transactions, totaling 266,862 square feet, close out the space and land in Union Pointe.
Conveniently located at the northeast quadrant of I-355 and I-55 in Woodridge, Union Pointe Business Park is an 80-acre, Class A, industrial and office business park offering expressway visibility, competitive tax rates and an abundant labor force. The Park is located along one of the area’s most prominent transportation corridors and is readily accessible to O’Hare International Airport and Midway Airport. Less than a mile from Promenade Bolingbrook, the Park is also readily accessible to a myriad of restaurants, retail and leisure options. Conor Commercial Real Estate and McShane Construction, members of Rosemont, Illinois-based The McShane Companies, are the developer and builder of the Park, respectively.
The new 121,663-square-foot lease to the undisclosed food and beverage company features offices totaling 25,000 square feet and 96,663 square feet of production area and warehouse-distribution space. Additionally, the new space features 32′ clear ceilings, 12 docks and 200 car parking. NGKF’s Executive Managing Director, Brian Carroll, and Director, Jim Cummings, represented Met Life in the transaction and Jason Lev and John Suerth of CBRE represented the undisclosed food and beverage company.