Seefried Industrial Properties announced that NewAge Products has secured a 168,741-square-foot lease at 25340 S. Ridgeland Ave. in Monee, Illinois.
This lease brings the 621,246-square-foot facility to full occupancy, with NewAge Products joining Reynolds Consumer Products as tenants in the state-of-the-art facility.
The building’s strategic location in Chicago’s I-57 submarket is a key factor to its appeal. The facility is within close proximity to major highways, including I-57, I-80, and I-294, offering seamless connectivity to the Chicago metropolitan area and the broader Midwest. Additionally, the site is situated within 20 miles of three intermodal yards: the BNSF Intermodal Yard in Elwood, IL, the Union Pacific Global IV Intermodal Terminal in Joliet, IL and the Canadian National (CN) Intermodal Terminal in Harvey, IL. These facilities provide tenants with unparalleled access to domestic and international shipping networks, ensuring efficient distribution and logistics operations.
Cushman & Wakefield represented both parties in the NewAge Products lease transaction. Jason West represented NewAge Products, while Sean Henrick and Ryan Klink represented the landlord.
