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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  July 2, 2020
HSA in Big $1.3 Million-sf Wisconsin Warehouse Build, 3 Spec : Warehouses on 82 Acres
Paul Bubny
By: Paul Bubny

Longtime Chicago Tenant Moves to Suburban Hodgkins

The property services division of Kennedy Wilson completed an 81,600-square-foot lease on behalf of Continental Paper Grading Company (CPG), relocating from 1623 S. Lumber St. in Chicago to its new location at 7250 Santa Fe Dr. in Hodgkins, IL. The term of the new lease is 10 years.

CPG was represented by Kennedy Wilson’s Jeremy Dee, Dan Schmidt and David Pressberg. “Continental Paper Grading Company has spent nearly 100 years at its Chicago headquarters and our team was delighted to assist them in this significant relocation which will better support the needs of their business,” said Dee. 
 
“As our company has grown tremendously, we sought a location with rail siding, more truck docks and proximity to major highways,” said Gary Schultz, SVP at CPG. Ultimately, the Kennedy Wilson team reviewed over 300 potential properties before touring CPG through a short list of finalists which included 7250 Santa Fe Dr.

 

For comments, questions or concerns, please contact Paul Bubny

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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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