High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Industrial  | 

Soosan USA to Relocate HQ from Schaumburg

Lee & Associates negotiated a 15,520-square-foot new lease of manufacturing space located at 1390 Gateway Drive, Suites 5 and 6 in Elgin, Illinois.

John Sharpe, SIOR, principal, and Rick Anesi, senior vice president, both with Lee & Associates’ Illinois office, represented the tenant, Soosan USA, a wholly-owned North American subsidiary of Soosan Heavy Industries. Soosan designs, manufactures and supplies hydraulic breakers, compactors and crawler drills to 70 countries worldwide. Matt Garland of Cawley Chicago represented the owner, Clear Height Properties.

“We were working with Soosan for some time to find the right space for its specialized needs, which was difficult in a still-tight industrial market,” said Anesi. “When we located the space in Elgin, Matt and Clear Height did a great job helping to secure the space and put the necessary improvements in to ensure continued success for our client,” he added.

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!

Connect

Inside The Story

Lee & AssociatesSoosan USACawley Chicao

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.