CHICAGO-Tinley Park Corporate Center just got abig tenant. M Block & Sons Inc. just signed onto take 915,643 square feet, with occupancy beginning on June 15,2012.
As GlobeSt.com exclusively reported in 2007, FirstIndustrial Realty Trust Inc., headquartered in Chicago,purchased the 92.8 acres on Prosperi Drive near Interstate 80 andOak Park Avenue and developed it into the Tinley Park CorporateCenter. The larger of the two buildings—the one to be occupied by MBlock & Sons—includes a cross-dock facility and divisible toabout 228,000 square feet, said Martin Edmondson,development manager for First Industrial and team leader for theproject at the time.
CBRE’s Larry Johnson, seniorvice president, and Kip Hennelly, vice president,represented the owner while Jeff Locascio ofNewmark Knight Frank Epic represented the tenant,in the transaction. CBRE tells GlobeSt.com that it cannot discloseany further terms at this time including asking rent, taking rent,aggregate lease value, or why M Block & Sons was drawn to thelocation.
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