CBRE BROKERS THREE TRANSACTIONS TOTALING MORE THAN 290,998 SF

LOMBARD AND CAROL STREAM, ILL. — Pat McCourt, Michael Sedjo and Chris Zubel of CB Richard Ellis have completed three industrial transactions totaling more than 290,998 square feet in Northern DuPage County, Ill. McCourt, Sedjo and Zubel represented both parties in the sale of a 178,567-square-foot warehouse/distribution facility located at 1100 Lombard Rd. in Lombard. AMB Property Corp. acquired the building from Illinois Industrial Properties Inc. for an undisclosed amount. The building, which is currently vacant, includes 40-foot clear ceiling heights, 44 exterior docks, 4 drive-in doors and parking for 121 cars.
Additionally, McCourt, Sedjo and Zubel have represented ownership for two industrial leases in Carol Stream. ConAgra Foods has leased 58,922 square feet of space within ProLogis’ 249,576-square-foot industrial building, which is located at 158 Alexandra Way. The space contains 30-foot clear ceiling heights and 14 exterior docks. ConAgra was represented by The Staubach Company in the transaction. TJ Higgins has leased 53,474 square feet of industrial space located within the same building in Carol Stream. The space includes 3,300 square feet of office and 14 exterior docks. TJ Higgins, which is relocating from Glendale Heights, Ill., was represented by Andy Corken of CB Richard Ellis; ProLogis was represented in the transaction by McCourt, Sedjo and Zubel of CB Richard.