
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.”
- ◦Lease