Industrial Midwest

Paine/Wetzel completes four industrial leases

Paine/Wetzel · ONCOR International has completed four industrial lease transactions totaling 185,456 square feet in Chicago.

Paine/Wetzel · ONCOR International has completed four industrial lease transactions totaling 185,456 square feet in Chicago.

Two lease transactions have been signed within a 168,000-square-foot facility located in the Stockyards Industrial Park at 4300 S. Racine in Chicago. New Premiere Metals Recycling Inc. has leased 128,000 square feet of space to accommodate the firm’s expansion and relocation. Mitch Goltz, vice president of Chody Real Estate Corporation represented New Premier Metals Recycling in their transaction.

Sunshine Supply Company has leased 39,968 square feet of space for the relocation of their warehouse from 15th & Canalport to this location. Sunshine Supply was not represented. Michael D. Nelson, vice president of Paine/Wetzel · ONCOR along with Matt Rogatz of Chicago Industrial Real Estate represented the building owner, 4330 S. Racine LLC, in both transactions. John Moysey, President of V3 Realty Brokerage, Ltd. Managed this assignment on behalf of the owner

The Chicago School of Woodworking has leased 10,000 square feet of space within an 80,000 square foot facility at 1801 W. Foster Avenue for the expansion and relocation of its woodworking trade school from 5104 N. Ravenswood in Chicago. The school is doubling its size and chose this location due to the pleasant Ravenswood area and reasonable lease rates. Michael D. Nelson, vice president, Mark A. Nelson, associate and Kim Aigner, associate of Paine/Wetzel · ONCOR represented the landlord, Ravenswood Investors, LLC, in the transaction. The tenant was not represented.

Also within the 80,000-square-foot facility at 1801 W. Foster Avenue, Myerson, LLC has leased 7,488 square feet of space to accommodate the expansion of the prosthetic tooth company. Michael D. Nelson, vice president, Mark A. Nelson, associate and Kim Aigner, associate of Paine/Wetzel · ONCOR represented the landlord, Ravenswood Investors, LLC, in the transaction. Jeb Scherb of Ameritus LLC worked on behalf of the tenant.