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Avison Young arranges new lease of mixed-use industrial property in Hanover Park
November 2, 2023
A consolidation of two facilities for the occupier and will act as a corporate headquarters
Chicago, IL – Avison Young has arranged a new 160,419-square-foot lease in an industrial building at 6450 Muirfield Drive in Hanover Park, IL on behalf of the landlord, LBA Realty, LLC. The lease represents a consolidation of two nearby facilities and will act as the corporate headquarters for the occupier, a top provider of cutting edge engineering, fleet management, and labor optimization services.
LBA Realty, LLC was represented by Principals, Brian Colson and Brian Pomorski, both located in Avison Young’s Chicago office. The tenant was represented by Corey Chase of Newmark.
“While the Chicago-area industrial market remains strong, the Central DuPage industrial submarket affords very few opportunities of this caliber. We are happy that this property was the right fit for the space needs of the occupier,” said Colson.
The industrial property sits on 10.62 acres and contains office space, 17 exterior docks and two interior docks, a 125’ truck court, and 117 parking spaces.
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