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Chicago & Midwest  + North Side  + Industrial  | 

Personal Care Maker Bumps Up Space By 43% in Relocation

Colliers International I Chicago’s Mike Senner and Ned Frank have arranged a 119,388-square-foot lease at 4920 S. Central Ave. in Chicago for Concept Laboratories Inc. The lease represents a 43% increase in space for the personal care and household products manufacturer, which will relocate from 83,091 square feet at 4404 W. Ann Lurie Pl. in Chicago next February.

For Concept Laboratories, the new space fits an overall strategy for growth while offering a more functional opportunity. “The move was a win-win for our client,” said Senner. “We were able to secure a property that could accommodate significant growth while lowering overall cost.”

The 461,750-square-foot 4920 S. Central features 20 exterior docks, 12 interior docks and direct access to the I-55/Central four-way interchange. Its central location puts it within a day’s drive of half the U.S. population.

CBRE’s Matt Mulvihill, Mitch Adams and Cal Payne represented building ownership, Combined Warehouse Company.

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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 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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