Packaging Supplier Renews Romeoville Commitment
NKF advised Flint Group in its 31,000-square-foot lease renewal at 1225 Lakeside Dr., an industrial asset in Romeoville, IL.
The firm’s Corey B. Chase represented Flint Group in the transaction. George Cibula of Darwin Realty/CORFAC International represented ownership. Flint Group is one of the largest suppliers to the printing and packaging industry worldwide.
“Flint Group, which has been at 1225 Lakeside Dr. since 2015, wanted to maintain the locational benefits of the property, which features direct access to I-55 and Route 53,” said Chase. “In addition, we secured a tenant improvement package which will allow Flint Group to update their space.”
1225 Lakeside is located within the I-55 Corridor industrial submarket. According to NKF research, the I-55 Corridor has some of the lowest average asking rents and the third largest industrial inventory (107,276,790 square feet) in the Chicago region.
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