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AIT Worldwide Logistics has leased 56,808 square feet of office space at Two Pierce Plaza in Itasca, IL for its headquarters

AIT Global Logistics Leases 57K SF of Headquarters Space in Itasca

Newmark arranged a new 56,808-square-foot lease at Class A office building Two Pierce Place in the Chicago suburb of Itasca, IL. The tenant, Itasca-based AIT Worldwide Logistics, will make Two Pierce Place its global headquarters. 

Senior Managing Directors Rob Lundin and John Norris represented the landlord, Sovereign Partners, LLC. JLL’s Eric Kunkel, Steve Spinell and Darren Eades represented AIT Global Logistics. This lease marks the completion of more than 120,000 square feet in office leasing transactions at the property within the last year. 

“Despite office market conditions, we have been tremendously successful in leasing Two Pierce Plaza over the past 12 months,” said Lundin. “For many reasons, the primary being the asset’s crown-jewel status appeal, the Itasca submarket has demonstrated a steady demand from world-class tenants such as AIT Worldwide Logistics. We look forward to welcoming them into the new space.” 


Inside The Story

Newmark's Lundin

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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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