CRE Midwest

Lee & Associates announce January 2015 transactions

2750-Alft-Lane
2750 Alft Lane

Lee & Associates announce their January 2015 transactions.

Below are a few of the January 2015 transactions for Lee & Associates of IL.

Lee & Associates of IL represented Law Auto Group in 51,842 SF lease Principal, Chris Nelson of Lee & Associates of Illinois, LLC represented Law Auto Group in their lease of 51,842 SF industrial building located at 877 Supreme Drive in Bensenville. Kevin Segerson of CBRE represented the landlord in the transaction.

Lee & Associates of IL negotiate sale of 128,100 SF industrial building on 14.5 acres of land Grand Trunk Western Railroad Company has sold a 128,100 SF industrial building on a 14.5 acre site located at 5000 S Homan Avenue in Chicago. Principal, Walter Murphy of Lee & Associates of Illinois, LLC represented both the seller Grand Trunk Western Railroad Company, and the buyer, Sitex in the transaction.

Lee & Associates of IL represent private investor in sale of industrial building in Elgin High Street Realty Company has purchased a 48,187 SF industrial building located at 1215-1225 Bowes Road in Elgin. Principal, John Sharpe and senior associate, Ronan Remandaban of Lee & Associates of Illinois, LLC represented the seller, a private investor, in the transaction.

American Reprographics renews lease in Addison American Reprographics has renewed their lease of 8,927 SF of industrial space located at 1419 Jeffrey Drive in Addison. Senior Vice President, Mike Plumb and senior associate, Jay Farnam of Lee & Associates of Illinois, LLC represented the landlord IndCor Properties in the transaction.

Lee & Associates of IL represented Bridge Development Partners in leasing of 33,487 SF industrial warehouse Precision Color Graphics has leased a 33,487 SF industrial warehouse/distribution space located at 2750 Alft Lane in Elgin. Principals, John Cassidy and Kenneth Franzese of Lee & Associates of Illinois, LLC represented the landlord Bridge Development Partners, and John D’Orazio of Colliers represented the tenant in the transaction.

Lee & Associates of IL negotiate a 37,120 SF industrial lease Ole Mexican Foods has leased a 37,120 SF industrial space located at 6748 S. Sayre in Bedford Park. Principal, Brian Vanoksy and associate, Tim McCahill of Lee & Associates of Illinois, LLC represented the landlord First Industrial, in the transaction.