HANOVER PARK, IL-Fujifilm Holdings America Corp. has renewed a 321,278-square-foot lease here in the Turnberry Lakes International Business Center for five years. The properties are owned by Atlanta-based IDI, which says its Chicago industrial holdings have seen strong leasing activity this year, though tempered somewhat by the third quarter.

At Turnberry, IDI owns four buildings, about 600,000 square feet, including the Fujifilm properties that it built in 2001 for the 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-based medical systems division, occupy the complex.

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

Executives with IDI tell GlobeSt.com that the company’s Chicago industrial holdings are similarly occupied. One example is the firm’s Rock Run Business Park in Joliet, IL. Jeff Smith with IDI says the park’s 3.8 million square feet is about 94% occupied, with 1.3 million square feet renewed or new leases signed this year. “We’ve only got space available in two buildings,” Smith tells GlobeSt.com. Tenants at the park, at the Houbolt Road interchange with Interstate 80, include Petco, Staples, Mack Trucks and Tyco Healthcare.

However, both men said they expect the tightening in the third quarter to be more what will be expected in the coming year, rather than the flurry of leasing activity in the first half of 2010. “I don’t think we’ll see a lot of large spikes, we only see moderate growth in consumer purchasing into 2011,” Smith says. 

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