warehouse

Planned Development Entitlement Approved for Largest New Industrial Building in Chicago

Hilco Redevelopment Partners Selects Cushman & Wakefield as Exclusive Leasing Broker for New Exchange 55 Project; Expected Delivery Q1 2020 CHICAGO, November 8, 2018 – Cushman & Wakefield has been selected as exclusive leasing broker for Exchange 55, the largest new industrial development available in Chicago. The Planned Development is approved, which means the site is fully entitled and zoned for industrial. Exchange 55 will break ground immediately, with delivery expected in Q1 of 2020. Developed by Chicago-based Hilco Redevelopment Partners, Exchange 55 offers up to 1,054,852 square feet (SF) of state-of-the-art warehouse space and is divisible to suit tenants of many types and sizes. Ideal for a wide range of uses and offering size flexibility, Exchange 55 will attract tenants across eCommerce, last-mile, food and cold storage, manufacturing, 3PL, warehouse, distribution, rail and heavy power users. The development will include a modern, sustainable design; 40’ clear height; 70’ speed [...]

Heathrow Scientific Signs for 186,616 SF Build to Suit in Lincolnshire, IL

68,589 SF Remain for Leasing CHICAGO October 24, 2018 – Cushman & Wakefield announced today that Heathrow Scientific has signed a build-to-suit agreement at 325 Marriott in Lincolnshire, IL, for 186,616 square feet (SF). Their building will be situated on 10.27 acres and features 25,000 SF of two-story office space, 36’ clear ceilings, and 14 exterior docks. The property broke ground in July of this year and Heathrow Scientific will take occupancy in April 2019. The Cushman & Wakefield team of Brett Kroner, Keith Puritz, and Eric Fischer represented Heathrow Scientific, global manufacturer of bench top equipment and lab essentials, in the transaction. The Cushman & Wakefield team is also acting as leasing agent on the remaining site, offering 68,589 SF of space for lease with a delivery date of spring 2019. The available space includes, 36’ clear ceilings, frontage on Half Day Rd (Rt. 22), along with six exterior [...]

Cushman & Wakefield Completes Leasing of 350 Church Street in Addison, IL

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 [...]

Cushman & Wakefield Represents Snap36 in Fulton Market HQ Relocation

Growing Tech Firm Triples its Office Space in Vibrant, Chicago CBD Submarket CHICAGO, July 11, 2018 – Cushman & Wakefield announced today that the firm has represented Snap36 in expanding and relocating its headquarters to over 42,000 square feet (SF) at 219 N. Paulina St. in Chicago’s Fulton Market district. Snap36, ranked as one of the fastest growing companies on the Inc. 5000 for the past three years, is a product content services company that specializes in 360°/3D imagery and technology. Cushman & Wakefield Senior Director Adam McCostlin and Director Jordan Decker represented Snap36, while CBRE Senior Vice President Mitch Adams represented ownership of 219 N. Paulina St. Snap36 experienced a 966% growth rate and expanded its occupancy footprint 6X, from 7,000 SF to 42,000 SF, in three years, rendering the company’s previous space in another corner of Fulton Market insufficient. The new creative space at 219 N. Paulina now [...]