"It's a great time to be a tenant," noted Cushman &Wakefield of Illinois Inc. senior director Jim Estus, who worked onall six transactions. "If an ownership can stabilize its buildingin advance of a lease termination, they should do it, as opposed totaking the risk of waiting until the 11th hour and losing thetenant to an extremely aggressive marketplace for tenants."

Among the larger transactions was American Chrome'sbuild-to-suit agreement with Duke Realty Investments forconstruction of a 60,000-square-foot distribution facility inBolingbrook's Crossroads Business Park. Scheduled for completionthis fall, the facility will feature 5,000 sf of office space and24-foot clear height on a 5.38-acre parcel. The property will belocated on the northwest corner of Schmidt Road and CrossroadsParkway. Estus, along with Andy James of Duke Realty, representedthe ownership in the $3-million-plus transaction, while Mike Nelsonof Cushman & Wakefield negotiated on behalf of AmericanChrome.

Another significant lease was T-shirt distributor S&SActivewear's expansion into 163,470 sf at 2 Gateway Ct. The DukeRealty property is also located in Bolingbrook. C&W's Estus andNelson negotiated on behalf of the ownership and Britt Casey, alsoof Cushman & Wakefield, represented S&S. The lease isvalued at more than $3 million.

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