Newmark Knight Frank (NKF) recently arranged a long-term, 108,163-square-foot lease to Clarke Packing & Crating Company at 1365-1395 Brewster Creek Boulevard in Bartlett, Illinois, on behalf of the owner, Barings Real Estate, part of Barings LLC, acting on behalf of institutional investors. NKF is the exclusive leasing agent and property manager of the property.
1365-1395 Brewster Creek Boulevard is a new, state-of-the-art 186,000-square-foot industrial building located within the Brewster Creek Business Park at the intersection of Stearns and Munger Roads just west of Route 59. The facility features proximity to Interstates 90 and 390, as well as O’Hare International Airport, 32-foot clear ceiling heights, 50-by-50-foot column spacing, Ductilcrete floors, an ESFR sprinkler system, 35 exterior docks, two grade-level doors and parking for 224 cars (expandable).
“We are delighted to welcome Clarke Packing & Crating Company to Brewster Creek Business Park and look forward to a long-term relationship with the tenant,” said Pam Boneham, regional director for the Central U.S. at Barings Real Estate.
NKF senior managing directors Elise Couston, SIOR and Adam Marshall, SIOR, CCIM, along with director Mark Deady, arranged the transaction. Clarke Packing & Crating Company currently leases 63,000 square feet in Hanover Park, Illinois, but due to the company’s growth, the firm is relocating to Brewster Creek Business Park. While NKF represented ownership in the negotiations, George Pappas of Hartford Associates represented the tenant. This transaction leaves 77,837 square feet remaining available for lease, featuring 16 exterior docks, one grade-level door and 174 car parking spaces (expandable to 229). Dedicated on-site trailer parking is also available.
“1365-1395 Brewster Creek is ideally located for light manufacturing, food processing, and warehouse-distribution users looking for a modern, newly constructed industrial facility to suit,” said Couston.