HANOVER PARK, IL-Fujifilm Holdings America Corp. has renewed a321,278-square-foot lease here in the Turnberry Lakes InternationalBusiness Center for five years. The properties are owned byAtlanta-based IDI, which says its Chicago industrial holdings haveseen strong leasing activity this year, though tempered somewhat bythe third quarter.

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At Turnberry, IDI owns four buildings, about 600,000 squarefeet, including the Fujifilm properties that it built in 2001 forthe camera firm. Fujifilm’s complex includes a 100,000-square-foot,three-story office building and a 221,278-square-foot warehouse.The company’s imaging and graphic systems divisions, and US-basedmedical systems division, occupy the complex.

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Tom George with IDI says the company’s holdings at Turnberry, onabout 180 acres, are 95% occupied. “We hope to expand the Fujifilmbuilding one day,” he tells GlobeSt.com.

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Executives with IDI tell GlobeSt.com that the company’s Chicagoindustrial holdings are similarly occupied. One example is thefirm’s Rock Run Business Park in Joliet, IL. Jeff Smith with IDIsays the park’s 3.8 million square feet is about 94% occupied, with1.3 million square feet renewed or new leases signed this year.“We’ve only got space available in two buildings,” Smith tellsGlobeSt.com. Tenants at the park, at the Houbolt Road interchangewith Interstate 80, include Petco, Staples, Mack Trucks and TycoHealthcare.

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However, both men said they expect the tightening in the thirdquarter to be more what will be expected in the coming year, ratherthan the flurry of leasing activity in the first half of 2010. “Idon’t think we’ll see a lot of large spikes, we only see moderategrowth in consumer purchasing into 2011,” Smith says.

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