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ELK GROVE VILLAGE, IL-The Symons Concrete Forming Group of Dayton Superior Corp. has signed a lease for the entire 230,768-sf industrial building at 2400 Arthur Ave. The two-story building, which is owned by TIAA-CREF, has more than 203,000 sf of warehouse space, 27,426 sf of office space and 20 interior docks on 7.8 acres.
Dayton Superior Corp., a supplier of concrete and masonry construction products, is relocating its headquarters from Des Plaines. "They are consolidating their operations into a more efficient manufacturing plant for them," Cushman & Wakefield broker Britt Casey tells GlobeSt.com. Additionally, the business sold the buildings they currently occupy in Des Plaines, Casey says. "They had sold their property to a developer who is going to raze their existing facilities and construct new air freight related distribution buildings."
Dayton Superior has already taken possession of the building and will be completing some renovations before moving into the facility in the third quarter. The previous tenant was John B. Sanfilippo and Son Inc., a nut distributor, Casey says. "Dayton will convert the interiors of the warehouse area to a metal and wood manufacturing facility," Casey tells GlobeSt.com. The lighting and interior plant offices will be upgraded. "They are going to put crane bases in the building to facilitate moving the raw product in the manufacturing. They are doing a lot of upgrades to the facility," he says. Casey did not have an estimate for the renovation costs.
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