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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  March 23, 2020
Paul Bubny
By: Paul Bubny

Midwest Industrial Signs Equipment Maker to HQ Lease

Midwest Industrial Funds recently completed a long-term lease with Skyjack Equipment for 102,467 square feet at 2525 Enterprise Cir., West Chicago, IL, within a 303,601-square-foot speculative building in the DuPage Business Center. A maker of material handling equipment, Skyjack is owned by the publicly-traded Linamar Corporation.

Skyjack consolidated multiple operations into this new space and will use it for its U.S. headquarters as well as service and distribution operations. The lease was signed before shell building completion, and is for the southern portion of the spec multi-tenant facility. The project marks the largest spec development in the Fox Valley submarket in recent years.

Mark Moran and John Whitehead of NAI Hiffman represented Midwest Industrial Funds, while Mark Coleman of Coleman Land Company advised the tenant in the transaction. Moran and Whitehead are the leasing agents for the remaining 201,134 square feet of vacant space.

For comments, questions or concerns, please contact Paul Bubny

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Connect With Midwest Industrial FundsConnect With NAI Hiffman’s Moran and WhiteheadConnect With Coleman Land Co.

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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