Albertson's, the second largest food and drug retailer in the US, operates Jewel-Osco stores in the Chicago market. The American Procurement and Logistics Co. deal involves space used in the operations of Albertson's Osco Drug subsidiary.
The leased space at 855 N. Wood Dale Rd. is one of 17 major distribution centers used by Albertson's Inc.
Podolsky Northstar Realty Partners principal Steven H. Podolsky, SIOR and sales associate Evan Nadler advised American Procurement and Logistics Co. Cohen Financial Real Estate Investment Banking director of asset management James A. Orth represented 1450 Fashion Island Blvd. Associates.
Podolsky Northstar has represented Jewel-Osco for more than 30 years on acquisition, disposition, build-to-suit, lease and lease renewal deals throughout the suburbs as well as Kansas City, Milwaukee and Fort Worth, TX.
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