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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  May 10, 2018
Paul Bubny
By: Paul Bubny

Colliers Team Facilitates Industrial Lease for Clarion Partners

Colliers International | Chicago’s Tom Rodeno and Matthew Stauber represented landlord Clarion Partners in a 78,700-square-foot lease to TEI Logistics LLC at Briarwood Business Park in Mt. Prospect, IL. The El Paso, TX-based company is scheduled to move from Wood Dale, IL, where it currently occupies 61,780 square feet at 101 Mark St., next month.

TEI will take about one-third of the 237,350-square-foot warehouse/distribution facility at 1400 Algonquin Rd. The property’s location, near Algonquin and Elmhurst Roads, was a main driver for the move.

Christopher Nelson with Lee & Associates represented TEI in the transaction.

This is Rodeno and Stauber’s second deal in Mt. Prospect in as many months. The team recently completed a 77,911-square-foot lease renewal on behalf of 1-800-PACK-RAT at 1751 S. Linneman Rd.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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