Due to growing operations, GNB Technologies needed to augmentits warehouse capabilities to better service its Midwest territory.Warehousing operations were relocated and expanded from Napervilleto Bolingbrook to take advantage of the I-55 Corridor'saccessibility to major interstate routes. Studley represented GNBin the transaction. Darwin Realty & Development representedownership.

Studley also represented GNB Technologies in an office leaserenewal in Lombard, a far western Chicago suburb. GNB was able toachieve favorable economic terms and will retain its workforce byremaining at the Lombard location. The Alter Group representedownership in the lease renewal.

GNB Technologies is an integrated provider of power technologyproducts. It manufactures and recycles lead-acid batteries for theautomotive, recreational boating, farm, heavy duty truck, electricutility, industrial electric vehicle, photovoltaic, lift truck,railroad, telecommunications and uninterruptible power supplymarkets in more than 50 countries. GNB Technologies is wholly ownedby Pacific Dunlop Limited of Melbourne, Australia.