ELK GROVE VILLAGE, IL-Warner Candy Co. is consolidating distribution operations in nearby Schiller Park as well as Chicago later this summer to a warehouse in the Elk Grove Village Industrial Park after signing a 111,272-sf lease with Hamilton Partners. “It keeps them close to their existing labor source and provides excellent distribution points,” says Grubb & Ellis senior vice president Brian Carroll, who represented Warner Candy with vice president Larry Goldwasser.

Although terms of the long-term deal at 1099 Pratt Ave. were not disclosed, asking net lease rates for warehouse space in Elk Grove Village have drifted north of $5 per sf. Hamilton Partners George Arnold handled negotiations for his company.

Elsewhere in the O’Hare industrial market, warehouser Garrison CFS has leased 32,532 sf at 85 O’Leary in Bensenville while Tower Ribbons & Awards leased 13,246 sf at 248 Beinoris Dr. in Wood Dale. Paine/Wetzel ONCOR International vice president Theresa Gleason, CCIM represented Garrison CFS in negotiations with Pat McCourt of CB Richard Ellis, who represented CenterPoint Properties Trust. Tim Thompson of HSA Commercial represented Prentiss Properties in negotiations with Paine/Wetzel ONCOR associate Daniel J. Benassi, who represented Tower Ribbons & Awards.

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