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Fibre-Craft Expands, Relocates HQ

NILES, IL-The tenant, a maker of creative products and crafts, signs a 170,000-sf deal to relocate and expand to Niles Industrial Center.

By Bonnie Grota | Updated on June 16, 2006

(To read more on the net lease market, click here. To read more on the industrial market, click here.)

NILES, IL-Fibre-Craft Materials Corp. has closed a 10-year deal for 170,000 sf at the 22-acre Niles Industrial Center, 6420 W. Howard St. The tenant is a maker of creative crafts and novelties. The new location will accommodate Fibre-Craft’s expansion plans. The property is approximately two blocks from its current headquarters, and occupancy is planned for September.

The original facility at this site, constructed in 1955, was torn down. In its place, the developers, Principal Financial and the Missner Group, built two, two-story spec buildings totaling 200,000 sf. The new space, constructed in 2004, offers 30-foot ceiling heights and 21 docks per building. Fibre-Craft’s space will include 30,000 sf of office space, eight conference rooms and a 2,800-sf showroom.

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