Newmark Grubb Knight Frank announced it has pre-leased half of Ridge Brewster Creek, a 271,200-square-foot, 14-acre, speculative industrial development within Brewster Creek Business Park in Bartlett, Illinois on behalf of the developer, Ridge Development.
The completed 135,600-square-foot lease was signed to an automotive part distributor at Ridge Brewster Creek that will be relocating from its current location in Hanover Park. The firm will take occupancy of its new space in October 2016.
Currently under construction and set for completion in September 2016, Ridge Brewster Creek will feature 32-foot clear ceilings, 36 exterior docks, four drive-in doors and DuPage County property taxes.
Once complete, the remaining 135,600 square feet will be divisible and provide 1,900 amp electrical service, T-5 warehouse lighting, an ESFR sprinkler system and office space to-suit. The development is located within Brewster Creek, a premier 670-acre, mixed-use business park.
NGKF Senior Managing Director Adam Marshall, Executive Managing Director Brian Carroll and Director Mark Deady represented Ridge Development in the transaction, and the three will market the remaining 135,600 square feet available. Mike Sedjo, senior vice president of CBRE, represented the new tenant in the transaction.