fbpx
June 2010

Packaging firm expands northwest suburban office

Packaging company Tegrant Corp. expanded its offices by about a third, to 44,153 square feet, as part of a renewal of its lease at 3930 Venture Drive, Arlington Heights. Tegrant will take 2,800 additional square feet right away and another 8,700 square feet in November, says Michael Flynn, an executive vice-president at Oakbrook Terrace-based NAI Hiffman, which represented the building owner, Oakbrook Terrace-based real estate investment firm Premises Management. Tegrant is increasing its space in part to accommodate the company’s Protexic division, which makes protective packaging and moved from Pennsylvania. The building is east of State Route 53 between Lake Cook and Dundee roads. Grubb & Ellis Co. represented DeKalb-based Tegrant.
Source: ChicagoRealEstateDaily.com

Recent Blog Posts

Advisory Services
Capital Markets
News
Commercial Foreclosures Are Steadily Rising
February 2024

Commercial Foreclosures Are Steadily Rising

Brokerage
News
Research
NAI Hiffman expert predicts a strong new normal in Chicago’s industrial sector
February 2024

NAI Hiffman expert predicts a strong new normal in Chicago’s industrial sector

Awards & Honors
Brokerage
News
Adam Roth Inducted into Midwest Real Estate Hall of Fame
February 2024

Adam Roth Inducted into Midwest Real Estate Hall of Fame