W. P. Carey has secured the largest industrial lease in Chicago for 2024 – a full-building lease totaling 1.6 million square feet at 701 Central Ave. in University Park.
Cushman & Wakefield's Sean Henrick and Ryan Klink represented W. P. Carey while Jason West, Lou D'Avanzo, and Adam Cooke represented the undisclosed tenant.
"This is one of the largest lease deals executed under one roof in the Midwest region in some time. It emphases the strength of the Chicago industrial market as a core distribution location," Henrick said.
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.
