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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  September 1, 2020
Paul Bubny
By: Paul Bubny

Lee Illinois Closes Three Industrial Deals in I-55 Corridor

Lee & Associates recently closed three industrial transactions in Bolingbrook and Woodridge, within the I-55 Corridor. They included the following:
 
• Tom Condon, principal at Lee & Associates’ Illinois office, represented the buyer, Provender Partners, on its purchase of an 81,000-square-foot food building at 525 W. Crossroads Pkwy. in Bolingbrook.  Vern Schultz of Colliers International represented the seller, West Liberty Foods.

• Principal Jeff Galante with Lee Illinois represented Champion Packaging in its 283,436-square-foot lease renewal and expansion at 2501 Internationale Pkwy. in Woodridge.  The building is owned by Prologis.

• Additionally, Galante, along with Lee Illinois principal Terry Grapenthin and VP Ryan Earley, represented the owner, Pritzker Realty Group, on a 406,777-square-foot lease renewal at 555 Saint James Gate in Bolingbrook, IL. The tenant wasn’t disclosed.

Pictured: 2501 Internationale Pkwy.

For comments, questions or concerns, please contact Paul Bubny
 

Read More News Stories About: Prologis
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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).
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