Industrial N Illinois

ML Realty Partners closes year with flurry of industrial activity

ML Realty Partners closes year with flurry of industrial activity,ph01

ML Realty Partners recently completed four industrial lease transactions totaling 211,758 square feet throughout Chicago. The recent lease transactions include:

· A 127,800-square-foot new lease to American Louver Company at 100 E. Howard Ave. in Des Plaines, Illinois. Kevin Segerson and Matt Mulvihill of CBRE represented ML Realty Partners. Denise Chaimovitz of Paine Wetzel represented American Louver, a manufacturer of a wide range of plastic products, in the transaction.

· In another new lease, TAWI USA, a developer and manufacturer of ergonomic lifting equipment will occupy 19,117 square feet at 380 Internationale Blvd. in Bolingbrook, Illinois. Josh Hearne and Mike O’Leary of Cawley Chicago represented the landlord, partnership of ML Realty Partners and H.S.A. Commercial. Terry Grapenthin of Lee & Associates represented TAWI in the transaction.

· Advance Mechanical Systems, Inc, a full-service mechanical and plumbing contractor, has renewed its lease for 46,341 square feet at 425 E. Algonquin Road in Arlington Heights, Illinois. Larry Goldwasser, Andy Heymann and Matt Cowie of Cushman & Wakefield represented Advance Mechanical in the transaction.

· Axelent, Inc, a worldwide workplace safety equipment supplier, has signed a lease renewal for 18,500 square feet at 14503 South Gougar Road in Lockport, Illinois. Terry Grapenthin of Lee & Associates represented the tenant in Heritage Crossing’s first lease renewal.