More momentum in local industrial market
More signs of positive momentum in the Chicago-area industrial leasing market … this time in the I-355/DuPage Corridor where only five (5) blocks of warehouse space larger than 250,000 SF are still on the market..
From Crain’s Chicago Business:
Kerry Ingredients & Flavours, a food, ingredients and flavor supplier, has signed a lease to occupy all of a 298,123-square-foot warehouse in west suburban Carol Stream, according to Jones Lang LaSalle. The building at 284-314 E. Lies Road in the Carol Point Business Center, will serve as a warehouse and distribution center for Kerry Ingredients, the largest division of Tralee, Ireland-based Kerry Group PLC … Jones Lang LaSalle Managing Directors Trevor Ragsdale and Michael Burns represented Kerry in the deal.