PAINE/WETZEL ¥ ONCOR INTERNATIONAL BROKERS THREE INDUSTRIAL TRANSACTIONS

ELK GROVE VILLAGE, ILL. — Chicago-based Paine/Wetzel • ONCOR International has completed three industrial transactions totaling approximately 120,000 square feet in Elk Grove Village. Located at 2541-61 Allan Dr., Arrow Plastics has signed a lease for 90,000 square feet of industrial space. Arrow Plastics selected the facility because of its close proximity to the firm’s corporate headquarters, which is also located in Elk Grove Village. Elise Couston of Paine/Wetzel represented Arrow Plastics; Pat McCourt of CB Richard Ellis represented the landlord in the transaction.
Additionally, Leslie Spinner and Jeffrey Girling of Paine/Wetzel have brokered the sale of an 18,720-square-foot industrial property located at 930 Lee St. The facility includes 3,400 square feet of office space, two loading docks, four drive-in doors and 16-foot clear-height ceilings. Biesterfield Properties LLC has acquired the building from an undisclosed seller. Matt Mulvihill and Sam Durkin of Grubb & Ellis represented the buyer in the transaction. In addition, Lyall Thresher & Associates has acquired an 11,010-square-foot industrial building located at 1101 Tonne Rd. Theresa Gleason of Paine/Wetzel represented the seller, Sitex Realty Group; Sean Henrick of Cushman & Wakefield represented the buyer in the transaction.