Newmark secured a 329,210-square-foot industrial lease on behalf ownership, Huntley Investment Partners, at its state-of-the-art industrial development Huntley Commercial Center in Huntley, Illinois. Kuriyama of America has pre-leased 60% of the 540,960-square-foot Class A industrial speculative building currently under construction at 14200 Commerce Court, delivering Q4 2023.

Newmark Senior Managing Director Adam Marshall, SIOR, CCIM, and Director Mark Deady, CCIM serve as exclusive leasing advisors for the property, representing Huntley Investment Partners, LLC, a joint venture comprising Craig Realty Group, Inc., The Prime Group, Inc., and The Capital Companies. Cresa’s Ed Lowenbaum and Glenwood Commercial Realty’s Jason Talanian represented the tenant Kuriyama in the lease transaction.

“Huntley Commercial Center provides an excellent opportunity to occupy a brand new, Class A industrial facility located in one of the fastest growing communities in the Chicagoland area,” said Marshall. We will continue to work collaboratively alongside ownership to bring the asset to 100% leased as construction continues.”