
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.”
- ◦Lease