Conor Industrial Actual Property leases North Avenue Mall to main e-commerce retailer
ROSEMONT, Ailing., March 11, 2021 / PRNewswire-PRWeb / – Conor Industrial Actual Property has entered right into a 215,550 sq. foot lease with one of many world’s largest e-commerce retailers at North Avenue Commerce Middle in Winfield, Illinois. That is the third Chicago– a constructing that the tenant has rented to Conor through the previous yr, and it’ll function a final mile warehouse and distribution house. Forty-nine thousand sq. toes within the improvement are nonetheless accessible for rapid occupancy.
“The outstanding location on North Avenue generated appreciable curiosity from customers proper out of the gate,” mentioned Brian Quigley, Government Vice President at Conor. “Not solely does the institution supply a handy location, but in addition a low DuPage County property taxes, extra trailer storage and a excessive visibility entrance. The presence of the e-commerce firm can have a constructive impression on Winfield and can make use of 150 full-time associates and quite a few different impartial variable-time drivers. ”
North Avenue Commerce Middle is strategically positioned on a 17.05 acre website on the southwest nook of North Avenue and Morton Street, and boasts logistical benefits for tenants. Positioned alongside State Route 64, the middle is simply 10 miles from I-355 and the I-390 growth venture, 10 miles from I-290 and I-88 and 20 miles from O’Hare Worldwide Airport. This location permits tenants to conduct enterprise operations with higher ease and effectivity.
The set up itself can also be excellent for any tenant because it includes a clear peak of 32ft, column spacing of 50ft x 52ft, an ESFR sprinkler system, 56 docks for vans and 4 direct entry doorways. Its environment friendly rear-load configuration makes it excellent for e-commerce, mild manufacturing, and warehouse customers.
The location additionally helps optimum truck dealing with with 12 trailer parking areas, in addition to on-site parking for 228 autos.
The McShane Building Firm and Ware Malcomb design-build crew supplied building and design companies for the event.
Conor was represented within the rental transaction by David Haigh, CCIM and John Money, SIOR of NAI Hiffman. The tenant was represented by Jason west from Cushman and Wakefield. For extra info on rental, contact David Haigh ([email protected] / 630.693.0649) or John Money ([email protected] / 630.691.0609).
Julia waterbury, Conor Industrial Actual Property, 847.692.8718, [email protected]
Industrial actual property SOURCE Conor