BINSWANGER COMPLETES 500,000-SQUARE-FOOT BUILD-TO-SUIT AGREEMENT

ELWOOD, ILL. — Binswanger has completed a build-to-suit agreement on behalf of Bissell Homecare for a 500,000-square-foot distribution facility located in Elwood. The facility will be developed and built by CenterPoint Properties on 35.89 acres within the developer’s CenterPoint Intermodal Center, and will serve as Bissell’s Midwest distribution center. Completion is scheduled for the end of the year. Binswanger provided site selection, as well as negotiation and transaction services on behalf of Bissell, and will provide project management services for the building’s construction.