Paine/Wetzel · ONCOR International has completed two industrial lease transactions in the Chicago area.
Abbott Laboratories has renewed its lease of 128,007 square feet of space within a 167,000-square-foot building located in the Amhurst Lakes Business Park at 3651 Burwood Drive in Waukegan, Ill. Abbott chose to keep its warehouse operations within the business park and signed a 10-year lease extension. Whit R. Heitman, principal, and Samuel C. Badger, Jr., senior vice president of Paine/Wetzel · ONCOR International represented the landlord, Prudential Real Estate, in the transaction.
High Performance Auto Body & Detail has leased 4,973 square feet of space within a 20,405-square-foot building located at 450 S. Spruce Street in Manteno, Ill. The RV repair company is expanding its operations within the facility and chose to stay in this new precast facility primarily because of the immediate access to I-57. Brandon Wright, associate of Paine/Wetzel · ONCOR International along with Chris Curtis of Nugent Curtis Real Estate, represented the landlord, Manteno RFT, LLC, in the transaction. The tenant was not represented.
