Logistics Firm Signs Full-Building Lease in Glendale Heights
Newmark arranged a full-building, 44,300-square-foot new lease of 490 Windy Point Dr. in Glendale Heights, IL. Senior managing director Corey B. Chase represented the tenant, Associated, a supply chain solutions company, while Lee & Associates represented ownership.
“Associated was seeking offsite warehouse space to complement their existing 87,000-square-foot headquarters in Illinois,” said Chase. “As e-commerce and supply chain health continue to be a vital component of the industrial real estate market, in the Midwest and beyond, we were thrilled to find our client a space that can accommodate their business and its growth.”
The property–which is proximate to I-355 via North Avenue and Army Trail Road–features 2,300 square feet of office space, recently updated interior finishes and fenced outdoor storage access. According to Newmark Research, Chicago-area industrial leasing activity continues to strengthen.
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).
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