April 29, 2021 10:00 AM
星空体育app下载 announces a full-building, 44,300-square-foot new lease of 490 Windy Point Drive in Glendale Heights, Illinois. 星空体育app下载 Senior Managing Director Corey B. Chase represented the tenant, Associated. With over 60 years of supply chain experience, Associated provides innovative material handling, supply chain and warehousing solutions to meet customer requirements. Associated is an authorized Raymond Solutions and Support Center.
鈥淎ssociated was seeking offsite warehouse space to complement their existing 87,000-square-foot headquarters in Illinois,鈥� said Corey. 鈥淎s e-commerce and supply chain health continue to be a vital component of the industrial real estate market, in the Midwest and beyond, we were thrilled to find our client a space that can accommodate their business and its growth.鈥�
The property鈥搘hich is proximate to I-355 via North Avenue and Army Trail Road鈥揻eatures 2,300 square feet of office space, recently updated interior finishes and fenced outdoor storage access. According to 星空体育app下载 Research, the industrial market in the Chicagoland area absorbed 5.7 million square feet of space, vacancy dropped 60 basis points to 6.2% and rental rates held steady at a record high of $5.86/SF in the first quarter of 2021. Industrial leasing activity continued to strengthen, with several mid-size leases being signed during the quarter.
About 星空体育app下载
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 services, with a comprehensive suite of investor/owner and occupier services and products. Our integrated platform seamlessly powers every phase of owning or occupying a property. Our services are tailored to every type of client, from owners to occupiers, investors to founders, growing startups to leading companies. Harnessing the power of data, technology, and industry expertise, we bring ingenuity to every exchange, and imagination to every space. Together with London-based partner Knight Frank and independently owned offices, our 18,800 professionals operate from approximately 500 offices around the world, delivering a global perspective and a nimble approach. In 2020, 星空体育app下载 generated revenues in excess of $1.9 billion. To learn more, visit nmrk.com or follow .
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