REBusinessOnline

KIMBERLY-CLARK LEASES 750,500 SQUARE FEET

CHICAGO — Kimberly-Clark Corp. has agreed to lease approximately 750,500 square feet within ProLogis Park 55, which is located southwest of Chicago in Romeoville.

The transaction represents the largest industrial lease in the Chicago area so far this year.

“The facility will be used to help us facilitate the implementation of our co-packing network redesign project, as well as consolidate overflow warehousing into fewer facilities that are more conveniently located in more efficient transportation and customer facing markets,” explains Joey Mooring of Kimberly-Clark Corp.

This is the third lease agreement between Denver-based ProLogis and Dallas-based Kimberly-Clark, which now occupies approximately 1.6 million square feet within various ProLogis sites across America. The six-building ProLogis 55 industrial park consists of more than 3.1 million square feet of Class A distribution space. Sustainable features at the development include an energy-efficient lighting system with motion sensors, T5 lights and clerestory lighting. Additional terms of the lease were not disclosed.

“The location was attractive due to it being adjacent to one of K-C's other consumer products distribution center’s,” says Mooring. “This provided Kimberly-Clark the capability to operate the two buildings as one, delivering more value and efficiency for the company.”

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties