E-Commerce Firm Inks 382,000 SF Lease in Chicago Suburb
Completed in 2017 as a spec development, the class-A industrial facility located in DuPage County will include more than 330,000 square feet of warehouse space, in addition to 40,000 square feet of temperature-controlled space and 8,500 square feet for corporate offices.
CAROL STREAM, IL—E-commerce fulfillment firm ShipFusion Inc. of Chicago has signed a lease for a new 381,600-square-foot facility at 365 E. North Ave. here.
Cushman & Wakefield brokered the transaction at the facility that will be home to the company’s new flagship operation. Completed in 2017 as a spec development, the class-A industrial facility located in DuPage County will include more than 330,000 square feet of warehouse space, in addition to 40,000 square feet of temperature-controlled space and 8,500 square feet for corporate offices. Building features include 36-foot clear heights, cross-docks and high visibility off North Ave.
The new facility will serve as the company’s US headquarters, according to Cushman & Wakefield.
ShipFusion was represented by Cushman & Wakefield’s Doug Pilcher and Jason West. The property’s landlord, Link Industrial Properties, was represented by David Prell and Kevin Segerson of CBRE.
“As online retail continues to grow at a rapid pace, the need for flexible e-commerce fulfillment with strong software grows with it,” says Brandon Luft, co-founder at ShipFusion. “This new facility allows us to expand our operations significantly and serve a larger number of e-commerce clients across the globe and the US, as they scale their businesses.”