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Chicagoland area sees an uptick in leasing for industrial sector13 Apr 2021
Avison Young leases more than 200,000 sf of industrial space across multiple submarkets
- J&K Cabinetry, the tenant, leased 102,935 sf at 2440 Pratt Boulevard, Elk Grove Village, IL. The cabinet-making company also maintains a 20,000-sf lease at 1655 Busse Rd, Elk Grove Village, IL. J&K Cabinetry specializes in kitchen and bathroom cabinetry design.
- Heritage Travelware, the landlord, leased 69,175 sf at 2380 Galvin Drive, Elgin, IL for Yunhung CTI. Yunhung CTI develops custom film for food packaging, medical, and commercial applications.
- Colson and Pomorski also represented a private investor who is the seller for a location at 1401-1403 Howard Street, Elk Grove Village, IL for 10,000sf. The buyer, Pelican Logistics, provides transportation and logistics services to various industries.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2020 winner of the Canada' s Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.
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