ML Realty Partners Reaches Full Lease-Up at Bensenville Industrial
ML Realty Partners’ 1401 Devon Ave. in Bensenville, IL has been fully leased by DSV Air & Sea, Inc., which will occupy the 307,378-square-foot building upon the facility’s completion in spring 2023. The adjacent 297,238 square foot building at 1301 Devon Avenue was leased by Apex Logistics International, Inc. last winter.
With this transaction, ML Realty’s new, two-building, 604,616-square-foot industrial development at the southwest corner of Busse Road and Devon Avenue is now fully leased. The two 40-foot-clear, free-standing industrial buildings are in DuPage County, less than half a mile north of I-390.
“The success of this project is an example of our continued commitment to developing Class-A industrial buildings in key strategic markets.” said Matt Novak, leasing director at ML Realty. Kevin Segerson of CBRE represented DSV Air & Sea. Andrew Maletich, Matt Garland and Dustin Albers of Cawley Chicago represented ownership.
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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