Robert Gibson and Ed Jarosz of CB Richard Ellis/WhittierPartners represented property owner, J&S Realty Trust, whileKirk Bittel of Fischer & Co. represented the tenant. Theproperty was built in 1988 and is comprised of 34,000 sf ofwarehouse/manufacturing space and 7,000 sf of adjoining officespace. The building height ranges from 18'6" to 22' in thewarehouse area and offers four loading docks and one oversizeddrive-in grade door. It has direct access to Route 24 and is nearRoutes 128 and 495.

"The building is located in the South Suburban industrial marketand provides easy highway access," says Gibson. Lease rates forthis deal were not available but the average asking rent forindustrial space in the area is approximately $6 per sf. Gibson andJarosz are about to begin marketing a 40,000 sf build-to-suitbuilding on the lot directly behind the 1020 West Chestnutbuilding.