Cushman & Wakefield Arranges 185,280 Square Foot Industrial Lease
24 Apr, 2007, Chicago, IL
International real estate services provider Cushman & Wakefield recently represented CenterPoint Properties Trust in a 185,280-square-foot long-term lease at 10700 Seymour Avenue in Franklin Park to Aeroground Inc.
Aeroground, which provides ground handling of airfreight for freight forwarders, international airlines, and transportation brokers, will take the entire facility which features 28’ clear, 13 exterior docks, two drive-in doors and 27,233 square feet of office space. It is ideally located adjacent to I-294 and O’Hare International Airport.
Mike Fonda, Suzanne Serino and John Joyce with Cushman & Wakefield’s Rosemont office represented CenterPoint in the transaction. Brian Carroll of Grubb & Ellis represented the tenant.
About CenterPoint Properties Trust
CenterPoint is the largest owner and developer of industrial real estate in metropolitan Chicago with 24 branded business parks. With its affiliates, CenterPoint owns and/or manages more than 47 million square feet of property and owns or controls an additional 5,000 acres of land for future development. CenterPoint is a subsidiary of CalEast Global Logistics LLC, a leading investor in logistics warehouse and related real estate whose members include the California Public Employees’ Retirement System (CalPERS) and LaSalle Investment Management.
CenterPoint Properties is focused on the development, ownership and intensive management of industrial real estate and related rail, road and port infrastructure. We add value to our customers through forward-thinking solutions aimed at enhancing supply chain and operating efficiencies. We seek long term relationships with customers, public and private business partners, internal colleagues and the communities where we invest and operate.
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Cushman & Wakefield is the world’s preeminent commercial real estate services firm. Founded in 1917, the firm has 197 offices in 55 countries, and more than 11,000 professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease and manage assets. The firm also provides valuation advice, strategic planning and research, portfolio analysis, site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, visit< www.cushmanwakefield.com.
Contact: Beth Atkinson