UGL Services, a division of UGL Limited has announced that Electrolux, a Swedish-based global appliance manufacturer, has signed a lease for 495,454-square-foot of regional distribution center at 801 Midpoint Road (Minooka Ridge Building 2), Minooka, Ill.
This Class A, single-story 965,183-square-foot property situated in the Minooka Business Park, was developed and constructed by Opus Development Corporation in 2008 and it features 32- foot ceiling heights, 162 exterior loading docks, and four drive-in docks. It is adjacent to the I-80 Interstate Highway.
Electrolux was represented in negotiations by UGL Services brokerage team members Chris Wood, executive vice president and managing director of the Chicago office; senior vice president Anthony Burns and associate vice president Jordan Decker.
The landlord, Opus Development Corporation, was represented by James Estus, executive vice president of the Industrial Services Group at Colliers International, and by the Opus Team – Greg Terwilliger, real estate director, and Mike Yungerman, vice president of Real Estate Development.
Electrolux is scheduled to move into its new space this month.
Additional terms of the agreement were not disclosed.