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January 2011

Nutrition firm leases third Aurora space

Optimum Nutrition Inc., which makes supplement powders, leased just over 212,000 feet in an Aurora industrial building that will become its distribution center. The Aurora-based company is the first tenant in the building at 900 Bilter Road, which was developed on a speculative basis without any pre-construction leases. Optimum currently has a total of 260,000 square feet in two other Aurora facilities and will keep that space for manufacturing and offices, says David Friedland, a managing partner in the Rosemont office of Newmark Knight Frank Epic who represented the tenant. The company also has an opportunity to expand in the 463,636-square-foot building, which was completed in September and is part of the Liberty Business Center. The lease is long-term, according to Donald Schoenheider, a vice-president in the local office of the landlord, Malvern, Pa. -based Liberty Property Trust. He declines to provide further details. NAI Hiffman represented Liberty. Optimum is a unit of Ireland-based nutrition and cheese company Glanbia PLC.

Source: ChicagoRealEstateDaily.com

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