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The company signed its original lease for 18,368 square feet at the property in December and due to successful acquisitions and growth globally, the company increased its footprint in Chicago to continue its rapid growth.
The industrial market has been in a tightening mode with space options dwindling even with construction in the pipeline, but buyer Scannell has experience with properties needing capital infusion.
Boutique fitness chain Blast Fitness has signed a 2,800-square-foot lease deal for its first New Jersey location at The Plaza at Short Hills, located at Morris Turnpike and Broad Street.
GlobeSt.com and GlobeSt. Real Estate Forum honor this year's woman of influence, including newly focused categories, judge's categories and more here in Broomfield, CO.
According to a report released by commercial brokerage firm Cushman & Wakefield, the statewide industrial vacancy rate hit a record low of 3.3%, while asking rents ended the second quarter at $9.27-per-square-foot), a record-high.