Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ELK GROVE VILLAGE, IL-More than 375,000 sf of industrial space has been leased in two separate transactions in the O’Hare submarket. That includes the lease of 252,000 sf of warehouse space at 1001 Busse Rd. in this northwest suburb of Chicago.

Joyce Slone of Cushman & Wakefield’s suburban office represented Design Pac the lease of space in the building at Busse and Landmeier roads owned by CenterPoint Properties Trust, which the REIT acquired in November 2000 for $8 million. The building is less than a mile northwest of O’Hare International Airport.

Meanwhile, Nippon Express USA Inc. has leased 125,000 sf of office and warehouse space at O’Hare Cargo Center in Bensenville, just west of the airport. Nippon Express was represented by Jim Estus of Cushman & Wakefield’s Chicago office, along with Hitoshi Aratani, Robert Constable, Larry Tannenbaum, John Moxley and Greg Scott of the firm’s New York City office.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.