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Midwest Warehouse Expands to 550,000 SF

AURORA, IL-HSA represented the tenant in taking the rest of an industrial building here in Duke Realty Corp.’s Butterfield East park.

By Robert Carr | Updated on September 16, 2010

AURORA, IL-There is movement in the 500,000-square-foot and up industrial category, but the market is still precarious to allow tenants to rule the deals. For example, Midwest Warehouse, a third-party logistics firm, recently signed a deal to take all of a Duke Realty Corp.-owned warehouse here – for a one-year lease.

The tenant was already leasing more than half of the building at 2805 Duke Pkwy., and has at times occupied parts of the rest of the facility by paying an additional fee, says Brad Borkowski with HSA Commercial Real Estate. He and Tim Thompson represented Midwest in the deal. Midwest started leasing 350,000 square feet at the building when it opened in 2008. “They wanted to lease the whole building, but stay flexible,” Borkowski tells GlobeSt.com

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