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GLENDALE HEIGHTS, IL-RJW Logistics has lined up a 58,400-sf warehouse in Glendale Business Park in anticipation of a move from nearby Itasca. PanCor Construction and Development is building the warehouse at 1601 Fullerton Ct., which is expected to be ready for RJW Logistics early next year.

“The company was originally looking for a space ranging from 40,000 to 70,000 sf to grow the warehousing aspect of their business,” says Grubb & Ellis associate Dominic Carbonari. Although terms of the deal were not disclosed, Grubb & Ellis SVP Brian Carroll adds RJW Logistics can purchase the building during the lease term.

Cushman & Wakefield most recently pegged overall vacancy in the Central DuPage County industrial market at 16%, with the average net lease rate for warehouse space at $4.69 per sf.

In an unrelated deal, Denver-based Wheel Pros Inc. has leased all 12,876 sf at 1001 N. DuPage Ave. in Lombard.

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