February 21, 2025 9:00 AM
星空体育app下载 announces it has arranged 149,000 square feet of industrial lease renewals on behalf of The Popcorn Factory庐 in suburban Chicago. The transactions span two properties鈥�28160 N Keith and 13970 W Laurel鈥攚here the tenant鈥檚 manufacturing operation has been based for more than 25 years. 星空体育app下载 Senior Managing Director Corey Chase
facilitated the renewal on behalf of the tenant.
鈥淯nderstanding the client鈥檚 operation and facility requirements were essential in navigating this process over the last nine months and resulted in a highly favorable solution that benefits both parties,鈥� said Chase. 鈥淲e look look forward to watching the progression of ownership鈥檚 improvement program and the tenant鈥檚 next chapter at the facilties.鈥�
The tenant first moved into a 70,000-square-foot facility at Laurel, later expanding to occupy the adjacent 78,000-square-foot facility at Keith. As part of this expansion, a tunnel connecting the two contiguous properties was constructed. Today, more than two decades later, the facilitates require substantial renovations.
Seeking to motivate the tenant to stay in-place, ownership agreed to implement a seven-figure capital improvement and modernization program to meet their requirements.The scope of work includes enhancements to the power system, modernization of dock doors, improvements to the parking lot, and a modernized lunch room.
“We are enthusiastic about the opportunity to renew our facility in collaboration with the property ownership. The planned upgrades and improvements will enable us to maintain our presence and continue our growth. We are confident that the enhancements will significantly benefit our customers and employees,” stated Dennis Marnick, Head of Real Estate for 1-800-FLOWERS.COM, Inc., parent company to The Popcorn Factory.
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星空体育app下载 Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (鈥溞强仗逵齛pp下载鈥�), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. 星空体育app下载鈥檚 comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform鈥檚 global reach with market intelligence in both established and emerging property markets, 星空体育app下载 provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, 星空体育app下载 generated revenues of approximately $2.6 billion. As of that same date, 星空体育app下载鈥檚 company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow .
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