Paine/Wetzel • ONCOR International has completed four industrial lease transactions totaling 114,746 square feet in the Chicago area.
Abbott Laboratories has renewed a lease on 61,360 square feet of space within a 172,542-square-foot building located at 1745 Waukegan Road within the Amhurst Lake Business Park in Waukegan. Whit Heitman, principal, and Sam Badger, senior vice president of Paine/Wetzel • ONCOR International represented the building owner, Prudential Insurance Company, in the transaction.
Flexco has leased 31,826 square feet of space within a 98,811-square-foot building, 101 Corporate Center, located at 20W267 101st Street in Lemont. The company, a maker of products that enhance belt conveyor productivity, is relocating their manufacturing operations from Downers Grove. Jerry Sullivan, principal and Brandon Wright, associate of Paine/Wetzel • ONCOR International represented the landlord, Manulife Financial in the transaction and Mike Magliano of Cushman & Wakefield worked on behalf of the tenant.
Nitto Kohki, a distributor of industrial tools, has renewed their lease on a 20,000-square-foot building located at 4525 Turnberry Drive in Hanover Park. Hiloh Izumo, Vice President of Paine/Wetzel • ONCOR International represented Nitto Kohki in the transaction. The building owner, Northern Builders, was self represented by Matt Grusecki.
Jonco Die Company, Inc., a manufacturer of steel rule cutting dies and other tooling for the packaging industries, has leased 1,560 square feet of space within a larger industrial building at 1707 Quincy Avenue in Naperville. This is a new location for the company who chose this facility due to the central and convenient location, the function of the property and the upscale business park setting. Bill Kerrins, senior vice president of Paine/Wetzel • ONCOR represented the tenant in the transaction and the landlord, Naper Small Business Park, was represented by Linda Helmold of Mustang Construction.
