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Newmark Arranges 72K-SF Industrial Lease for Fromm International in Algonquin
Newmark has arranged a 72,745-square-foot industrial lease at Algonquin Corporate Center, a state-of-the-art industrial complex located on Broadsmore Drive and Corporate Parkway in Algonquin, Illinois.
The tenant, Fromm International, LLC, a manufacturer of professional salon tools and accessories, is relocating its national distribution operations from the O’Hare submarket. Newmark Executive Managing Director Adam Marshall and Director Mark Deady represented the tenant in the lease negotiations, with Managing Director Cooper Weisman and Director Dylan Weisman providing strategic support. The landlord, NorthPoint Development, was represented by Mike Sedjo and John Hamilton of CBRE and Ben Dickey of Stream Realty.
said Marshall. “The new facility provides a highly efficient layout and modern infrastructure that aligns with the company’s evolving distribution and workforce requirements, while offering strong access to key transportation corridors along I-90.” Fromm International will occupy space within Building 1 of the five-building, 1.7-million-square-foot Algonquin Corporate Center.
