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Chicago & Midwest  + Greater Chicagoland  + Illinois  + Industrial  | 

NORKOL Relocates Corporate HQ to CenterPoint 88 Industrial Center

NAI Hiffman represented NORKOL Converting Corporation in its relocation to the CenterPoint 88 Industrial Center in Montgomery, Illinois. NORKOL, one of the nation’s largest family-owned paper and packaging providers, signed a long-term lease agreement for 330,694 square feet within the industrial building located at 900 Knell Road.

Dan Leahy, executive vice president of industrial services at NAI Hiffman, represented NORKOL in the transaction. Rick Daly and George Cibula of DarwinPW Realty represented the landlord, CenterPoint Properties.

NORKOL sought to expand operations while maintaining rail service and avoiding disruption to its operations. “The 30-month selection process was particularly challenging due to the competitive industrial market and the need for a suitable rail-served manufacturing facility, but we worked together to overcome that adversity,” said Leahy.

Originally built in 1960 and most recently renovated in 2000, the property is served by the BNSF Railway and is located less than 5 miles from I-88. NORKOL plans significant upgrades to the facility and the company will move from its Northlake headquarters of 37 years this spring.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.