REBusinessOnline

NAI ARRANGES 1.22 MILLION-SQUARE-FOOT RENEWAL FOR SHERWIN-WILLIAMS

EFFINGHAM, ILL. — NAI Global has arranged a lease renewal on behalf of Sherwin-Williams for its 1.22 million-square-foot regional distribution center in Effingham. The three-building complex is located at 711 W. Wabash Ave. The lease transaction was valued at more than $20 million, and it includes tenant improvement funds and economic incentives. Thomas Lynn of Dallas-based NAI Robert Lynn and David Branding of St. Louis-based NAI DESCO represented Sherwin-Williams in lease negotiations. The landlord is a private, out-of-state investor.

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

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