GFX plans to consolidate its operations in Lakemoore and Waukegan into this new facility through the long-term lease. The Grayslake-based company will utilize the space for manufacturing and distribution of retail display fixtures.
This lease brings the property's total occupancy to 33%.
GVA Chicago's Dan Tobin, Mark Deady, and Greg Wernish represented Ashley Capital. Cushman & Wakefield's Chris Porter represented GFX.
The Libertyville Corporate Center is a 40-acre business park that contains both office and industrial tenants. The property currently houses two buildings, this 253,000-square-foot industrial facility and a 35,000-square-foot office. Roughly 20 acres of land is currently available for sale or build-to-suit projects, according to GVA executives.
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