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WOODRIDGE, IL-Canon USA Inc. has leased 174,000 square feet at a new construction industrial facility completed previously this year by ProLogis. The property, at 10350 N. Beaudin Blvd. in Woodridge, is 348,625 square feet, and was built on spec by the distribution facility developer ProLogis. Canon’s new industrial location joins other distribution facilities it operates out of Mexico City, northern New Jersey and Chicago.

“We are pleased that Canon has selected ProLogis again to expand their distribution network in North America,” said Matt Marshall, VP and Canon customer contact at ProLogis. He declined to comment on the lease rate for the deal.

Asking lease rates in the central DuPage County submarket range from $6 to $10 per square foot, net, according to Cushman & Wakefield market research. The building has one other tenant, CEVA Logistics, who signed a 128,000-square-foot long-term lease in Q3, according to Grubb & Ellis market research.

“Despite challenging economic times, ProLogis has experienced solid new leasing activity during the fourth quarter in Chicago,” said Doug Kiersey, SVP and Midwest regional director for the company. “This market is one of the most popular distribution hubs in the US due to its excellent highway access and central Midwestern location.”

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