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  + Greater Chicagoland  + Industrial  | 

Large Chicago-Area Industrial Lease Inked in Huntley  

Lee & Associates has negotiated a new 444,600-square foot, long-term lease for John B. Sanfilippo & Son, Inc. (JBSS) at Venture Park 47, 12300 Jim Dhamer Drive, in Huntley, Illinois. This transaction marks the largest industrial lease of the second quarter in Chicago’s North Kane County submarket, and the fourth largest in the Chicago metropolitan area.

Frank Griffin and John Sharpe, SIOR, CCIM, LEED-AP, both principals at Lee & Associates’ Illinois office, represented the tenant, who has begun occupying the facility concurrently with tenant improvement buildout. Brian Kling and Reed Adler of Colliers represented the owner, Venture One Real Estate.

“JBSS’ recent acquisition of TreeHouse Foods’ snack bars business created a two-state search for an expansion requirement,” said Griffin. “The combination of economics and logistical needs resulted in JBSS adding the Huntley building to their real estate portfolio.” 12300 Jim Dhamer Drive is a 729,823-square-foot building completed in 2023.

Connect

Inside The Story

Lee & Associates of IllinoisColliers

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.

New call-to-action