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NewAge Products Leases 169K-SF at IL Industrial Development
Seefried Industrial Properties announced that NewAge Products has secured a 168,741-square-foot lease at 25340 South Ridgeland Avenue in Monee, Illinois.
This lease brings the 621,246-square-foot facility to full occupancy, with NewAge Products joining Reynolds Consumer Products as tenants in the state-of-the-art facility. Cushman & Wakefield represented both parties in the lease transaction. Jason West represented NewAge Products, while Sean Henrick and Ryan Klink represented the landlord.
The facility is within close proximity to major highways, including I-57, I-80, and I-294, offering connectivity to the Chicago metropolitan area and the broader Midwest. Additionally, the site is situated within 20 miles of three intermodal yards: the BNSF Intermodal Yard, the Union Pacific Global IV Intermodal Terminal, and the Canadian National Intermodal Terminal.
“This milestone highlights the strong demand for high-quality industrial space in well-connected markets like Monee, and we are proud to provide a property that drives tenant efficiency and success,” said Dave Riefe, Senior Vice President of Seefried Properties’ Midwest region.
