44,153-SQUARE-FOOT LEASE RENEWAL SIGNED IN ARLINGTON HEIGHTS, ILL.

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ARLINGTON HEIGHTS, ILL. — DeKalb, Ill.-based Tegrant Diversified Brands has signed a long-term lease renewal and expansion at Commerce Point in Arlington Heights. Tegrant will occupy 44,153 square feet of the 52,000-square-foot office building, which is located at 3930 Ventura Drive. Michael Flynn and Jason Wurtz of NAI Hiffman represented the owner, Oakbrook Terrace, Ill.-based Premises Management. Grubb & Ellis represented the tenant in the transaction. Terms of the lease were not released.

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