Medline, headquartered in Northfield, IL, plans to relocate its Libertyville operations to the new facility. In addition, the new Grayslake facility will add 250 more jobs to the company's operations.
Burton currently serves as the director of operations for real estate development firm New Boston Ventures. She has served in that role for more than four years.
Keystone officials held a ceremony recently to celebrate the topping out milestone alongside executives from AmerisourceBergen, which will be relocating its global corporate headquarters to the building.
The expansion of the Hudson-Bergen Light Rail's West Side Avenue Branch will add a new station that officials believe will encourage growth along the Hackensack River waterfront.
The funding under the Special Needs Housing Subsidy Loan Program is the first major new funding source in seven years to provide supportive and affordable housing opportunities statewide.
The portfolio consists of more than 1.9 million square feet of space across 11 of the 19 Chicago submarkets. Capital One provided the debt financing for the acquisition. Venture One will continue to manage the portfolio.
The firms secured a three-year, floating-rate loan with Wells Fargo Bank for Park 100 Logistics Center, a newly constructed 730,080-square-foot distribution facility and an adjacent 811,200-square-foot production facility that is under construction.
MiSUMi USA plans to take occupancy of its new space in June of this year. The firm is relocating from 1717 Penny Lane in Schaumburg, where it currently leases 32,000 square feet.
Construction of 120 Frontage Road is expected to be completed later this year. The new warehouse will offer a 36-foot clear ceiling height, 19 loading dock doors, one drive-in door and 46 parking spaces.
The acquisition includes Bloomfield Business Park, which consists of 16 multi-tenant warehouse/flex buildings and five multi-tenant buildings along Commerce Lane in the Commerce Lane Business Park.