Paine/Wetzel Completes Four Industrial Deals

CHICAGO—Paine/Wetzel TCN Worldwide has just completed a set of transactions in the metro area’s rising industrial market. The team of Phil Reiff Sr., senior vice president and Phil Reiff, Jr., an associate of the Chicago-based firm completed the two leases, a sale, and a build-to-suit in suburban Chicago.

Ross International, a reverse supply chain company, just signed a 40,000-square-foot lease in a 107,200-square-foot building at 1239-1251 Mark St. in Elk Grove Village. The company helps companies remove supplies from their buildings and has decided to relocate and expanding from its previous location at 750 Pratt, also in Elk Grove Village. The new facility will feature 24′ clear height, three docks and one drive-in dock. Paine/Wetzel TCN Worldwide’s team represented Ross in the transaction and CBRE’s Kevin Segerson represented the owner, Prologis.