More momentum in local industrial market

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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.

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