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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