Press Release brought to you by Lee & Associates

Maines Paper and Food Service Signs Lease for Industrial Facility in Hanover Park

03/30/2015

Lee & Associates Illinois represents both sides in the long-term deal

 

            HANOVER PARK, Illinois—March 27, 2015—Maines Paper and Food Service Inc., one of the leading independent foodservice distributors in the country, has signed a long-term lease extension for 241,455 square feet of industrial space located at 6405-6425 Muirfield Parkway in Hanover Park, Ill.

            Justin Fierz, Brian Vanosky, Steve Bass and Tim McCahill of Lee & Associates Illinois, represented Maines Paper and Food in the multi-million dollar lease transaction.  Prologis, the landlord of the property, was represented by Kenneth Franzese and John Cassidy, also of Lee & Associates Illinois.

            “After a long, multi-year, multi-site search process that involved comparing many different options and scenarios this building proved to be the best fit for Maines Paper and Food,” said Justin Fierz, Principal with Lee & Associates, who was the lead tenant rep advisor for Maines on the project.  “Prologis was very good to work with on a number of fronts and gave Maines a tenant improvement allowance to complete some of the needed renovations at the building including dock systems, office space, the warehouse floors and parking lot.”

            Built in 1994, the facility is a precast concrete and glass distribution building with 26-foot clear ceilings, 26 loading docks, onsite trailer parking, 175 car parking  and has existing freezer, cooler and refrigerated dock space.

Published by:  GlobeSt.com and Chicago Industrial Properties

03/27/2015 - 09:00

Source

Lee & Associates

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