O’Hare industrial: Brown Commercial negotiates 46,500-SF

May 30, 2023 — Brown Commercial Group Broker Candace Scurto negotiated three transactions in Chicago’s busy O’Hare industrial submarket, including a 46,500-square-foot sublease that will allow one business to reduce its excess space and another to secure below market rent.

Scurto represented the tenant, Boom Country Tire in subleasing the space at 2450 Lunt Ave. in Elk Grove Village, Illinois. The business recently merged with another company and no longer needs the space. Brown Commercial Group Vice President of Sales Mason Hezner represented Safeway Transportation in subleasing the O’Hare industrial space for its school bus transportation business.

Scurto also negotiated:

• A 10,000-square-foot lease at 532-534 N. York Road in Bensenville, Illinois. Meikem Supply is expanding its detergent supply business from a 6,000-square-foot space in Elk Grove Village. Paddy Dywer of NAI Hiffman represented the landlord.
• A 3,168-square-foot lease at 1508 E. Algonquin Road in Arlington Heights, Illinois. Scurto represented the landlord in leasing space to Fritz Konstruction.

See more commercial real estate news in this Illinois Real Estate Journal article.