Lombard: Special Olympics Illinois Signs for 8 Years
Special Olympics Illinois signed a lease at 500 Waters Edge Lane in Lombard. The organization will pay gross rent in the high-$10s PSF for the 5,905 SF space. The term of the lease is eight years and includes eight months of free rent. The lease also includes $0.50 in annual escalations.
South Holland: Jacobson Warehouse Takes 202,902 SF
Jacobson Warehouse signed a lease at 16750 Vincennes Avenue in South Holland. The company will pay gross rent in the low-$4.00s PSF for the 202,902 SF space. The term of the lease is three years and includes three months of free rent. The industrial space includes offices, truck doors, and updated lighting.