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WOODRIDGE, IL-The second of two buildings in the Maple Point Business Park at 103rd Street and Lemont Road here is 100% occupied with a 69,420-sf lease with Nestle Waters North America Inc. The building owned by Argonne Bridge LLC at 10335 Argonne Woods Dr. is in an I-55 Corridor submarket where Grubb & Ellis Co. estimates vacancy at 15.4%.

The manufacturer of bottled waters will use most of the space for warehouse and manufacturing but is setting aside 20,000 sf for office space. While lease terms were not disclosed, asking rates for warehouse and distribution space in the I-55 Corridor average $4.48 per sf, according to Grubb & Ellis, while flex space averages $11.21 per sf.

HSA Commercial Real Estate senior vice president Tom Boyle represented Argonne Bridge LLC while Phillip Wegele andChris Tecu of Trammell Crow represented Nestle Waters North America.

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