Pepsi-Cola General Bottlers distributes soft drink products in a 10-state region that represents 17% of Pepsi-Cola's U.S. market. In addition, Pepsi-Cola General Bottlers' reach extends to Poland, Hungary, Czech Republic, and the Republic of Slovakia.
Pepsi-Cola General Bottlers discovered expansion of operations in their region required more than the 102,015 sf it already had at 3701 Algonquin Road. After studying its options, the distributor decided to renew its lease and expand where it was.
The Algonquin Road property, located at the junction of the state road and major suburban highway Illinois Route 53, also is a half-mile north of the Northwest Tollway. It changed hands in October for $18.5 million.
Julien J. Studley corporate managing director John Conerty represented Pepsi-Cola General Bottlers. Harvey Koloms of the TMA Group represented the building's ownership.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
