"The Aurora market continues to be desirable for corporate investment due to its modern industrial space that is in demand," says Inland Real Estate Sales senior vice president Charles Hold, CCIM, who represented the Oak Brook, IL-based ownership group. "This property also offers easy access to I-88."
While the Central DuPage submarket is tied Will County with a 14% vacancy rate, Kane County has the lowest vacancy rate at 3.6%, according to research by Cushman & Wakefield.
Richard Turasky of Darwin Realty and Development represented Tollgate, LLC.
Across the county line, Exelon Nuclear recently took possession of a five-story, 153,000-sf corporate headquarters at 4300 Winfield Rd. at the 650-acre Cantera business park in Warrenville. The build-to-suit was co-developed by McShane Corp. and Jones Lang LaSalle Development for Northwestern Mutual Life Insurance Co.'s portfolio.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.