Industrial business expansion in Chicago

Nov. 12, 2024 —  Brown Commercial Group negotiated two industrial transactions in the Chicago market totaling 50,726 square feet, including an industrial business expansion.

Broker Matt Hanson represented JIE USA Inc. in more than doubling its warehouse space with a move to a 38,886-square-foot space at 279 Madsen Drive, Unit 101 in Bloomingdale, Illinois. The tenant was previously in approximately 15,000-square-foot space at 493 Mission Street in Carol Stream, Illinois. This transaction shows the continued trend in industrial businesses looking for expansion space, often in the 20,000 to 50,000-square-foot range.

Hanson also negotiated the acquisition of an 11,840-square-foot, two-unit building at 1500-1514 Wrightwood Court in Addison, Illinois. Sirman USA purchased the property for their distribution and light assembly operations.

Brown Commercial Group Partner Mike Antonelli, SIOR, represented the seller in the disposition.

Hanson also represented Sirman USA is moving from an 11,000-square-foot property at 9490 Franklin Avenue in Franklin Park, Illinois. The company was seeking higher ceiling heights, dock access, and the benefit of lower taxes in DuPage County. While the buildings are similar in size, the taller ceiling in the new space will allow for more racking and ease of flow for their products.

See this IREJ.com story for more details on the industrial business expansion and other commercial real estate news.