Although terms were not disclosed, space in the 248,791-sf building has been on the market at $2.95 per sf. "The firm was eager to find new space in a great location that was large enough to accommodate their current expansion as well as their prospected growth," says Epic/Savage Realty Partners/TCN Worldwide partner Jeffrey Locascio.
Jim Estus and Sally Macoicz of Cushman & Wakefield handled negotiations for First Industrial Realty Trust, which has owned the property south of I-55 and a mile east of its junction with I-355 for 10 years.
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