Chicago & Midwest + Greater Chicagoland + Industrial | April 25, 2018

NKF Completes Two Long-Term Leases for Shipping Firm

NKF’s Brian Carroll represented and advised K2 Express Inc. in completing two long-term leases. These included a renewal and expansion in Franklin Park, IL, and a new, long-term lease for a neighboring, four-acre trailer yard.

The freight shipping and trucking company signed a 91,859-square-foot renewal and expansion at 10800-10900 Belmont Ave. in Franklin Park, part of a 600,000-square-foot, multi-tenant building owned by Prologis. Carroll represented K2 Express in the transaction, while Scott Gibbel provided in-house representation for Prologis. Cushman & Wakefield is the landlord’s agent.

In addition, K2 Express signed a long-term lease for a four-acre, fenced and paved 90-stall trailer yard neighboring the property on Charles Street. Carroll represented the tenant, while his NKF colleagues Steve Levitas and Bob Chodos represented Hill Mechanical, the trailer yard’s ownership.

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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 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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