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Chicago & Midwest  + Greater Chicagoland  + Industrial  | 

Lee Illinois Arranges Leases for Industrial and Office in Elgin

Lee & Associates closed a pair of lease transactions totaling 14,420 square feet in Elgin, IL.

In one transaction, Jay Farnam, principal at Lee & Associates’ Illinois office, represented the tenant, Interconex, on its lease renewal of 11,520 square feet of industrial space at 1380 Gateway Dr, Unit 4-5.

In the other, Rick Anesi, SVP at Lee & Associates of Illinois, represented tenant Ruby’s Nest on a lease of 2,900 square feet of office space at 2521 Technology Drive. Steve Bass and Jack Brennan of NAI Hiffman represented the landlord, Westmount Realty Capital.

“Ruby’s Nest has been in the market looking for its location for about a year,” Anesi said. “They decided to land in Elgin due to its location near its clients and growth potential. This location also gave flexibility when growth takes place.”


Inside The Story

Lee Illinois

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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