Newmark represented Anritsu Infivis Inc. in a 61,627-square-foot industrial lease at Elk Grove Technology Park’s 701 Innovation Dr. in Elk Grove Village, IL. Newmark managing director David Creiner, in cooperation with senior managing director Corey B. Chase, negotiated for the tenant.
Anritsu Infivis Inc. is an industry-leading supplier of advanced product inspection and foreign material detection equipment installed on food and pharmaceutical production lines globally. The new regional headquarters will offer expanded demonstration facilities and improved employee workspaces.
“There were several promising options in the O’Hare marketplace for Anritsu’s space considerations; however, they gravitated towards the Elk Grove Technology Park given the park’s location, amenities, image and fantastic terms that were provided by ownership,” said Corey.
A CBRE team of SVP Mike Sedjo, first VPs John Hamilton and Jack Brennan and associate Ben Dickey represented the park’s ownership, Brennan Investment Group.
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 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).