Britt Casey and Jeff Matella fully lease facility on behalf of The Silverman Group
CHICAGO, July 26, 2018 – Cushman & Wakefield has fully leased 350 Church Street in Addison, IL, on behalf of The Silverman Group, to JDS Industries, Inc. JDS, a wholesale supplier, signed a long term lease on the building and is relocating from Elk Grove Village as part of an expansion of their operations. They will occupy the entire facility, at just over 87,000 square feet (SF). This deal comes just four months after The Silverman Group selected Cushman & Wakefield to market 350 Church Street for lease.
Britt Casey and Jeff Matella of Cushman & Wakefield acted on behalf of The Silverman Group and Sam Durkin of Jones Lang LaSalle represented JDS Industries.
Britt Casey, Executive Managing Director, said: “The Silverman Group awarded us this assignment in March and we are delighted to have fully leased the building in a short timeframe. JDS is moving into a modern and recently updated facility with just over 7,000 SF of office space, 24-foot clear heights, 13 exterior docks, one drive-in door and 59-car expandable parking. Employees will find that the building is centrally located with easy access to major roadways including Interstate 355, Interstate 290 and Interstate 390.”
Blake Silverman, President of The Silverman Group, added: “As our portfolio is expanding in the greater Chicago market, we are pleased to have JDS as our newest tenant at this asset.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About The Silverman Group
The Silverman Group is a family owned and operated private equity and real estate development organization based in Basking Ridge, New Jersey. The firm owns and manages over 12,000,000 square feet of office, industrial, retail, and aviation properties as well has ownership in 3,000 multi-family units throughout the United States. It has over 2,500,000 square feet of commercial space and 2,000 multi-family units currently under development in three states. For more information, please visit www.silvermangroup.net.