Darwin Realty

News

DARWIN REALTY ANNOUNCES THREE LEASE TRANSACTIONS TOTALING MORE THAN 90,000 SQUARE FEET

(Elmhurst, Illinois – JULY 18, 2016) – Darwin Realty is pleased to announce that Noel S. Liston has completed three transactions totaling 91,000 square feet in the western suburbs.

Noel S. Liston, Principal and Brendan J. Sheahan, Associate, of Darwin Realty represented DCT Industrial in their lease of 1575-1595 High Point Drive in the DCT Business Center Elgin.  The 32,000 square foot unit was leased to Dynacast, Inc. as an expansion to their existing facility within the park.  The building features 18’ clear ceilings, 17 exterior docks, 2 grade-level doors and 2,800 square feet of office space.

In a separate transaction, Noel S. Liston and Doug R. Pilcher, Vice President of Darwin Realty, represented DCT in their lease to Marvel Engineering.  The 33,000 square foot unit at 450 Lombard Road in Addison features 4,000 square feet of office space, 24’ clear ceilings, four interior loading docks, and 1600 amps of power at 480 volts.  Marvel Engineering was represented by Adam M. Haefner, Director of Brokerage Services at Darwin Realty.  This marks the second lease transaction in the past 90 days at the 450 Lombard Road building and brings the facility to 100% occupancy.

Lastly, Noel S. Liston represented ownership in their lease of 26,000 square feet at 2525 Bath Road in Elgin to Compass Automation.  The Bath Road unit features 24’ clear ceilings, three exterior loading docks, and 5,000 square feet of office.  Compass Automation will be expanding and relocating from their current Elgin facility.  Josh Feldman of Cushman & Wakefield represented the tenant.