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ML Realty Partners in Itasca inks four area leases

ML Realty Partners in Itasca said it has recently completed four lease transactions totaling 211,758 square feet throughout Chicagoland.

The recent lease transactions included:

• A 127,800 square foot new lease to American Louver Company at 100 East Howard Ave. in Des Plaines. Kevin Segerson and Matt Mulvihill of CBRE represented ML Realty Partners. Denise Chaimovitz of Paine Wetzel represented American Louver, a manufacturer of a wide range of plastic products, in the transaction.

• In another new lease, TAWI USA, a developer and manufacturer of ergonomic lifting equipment will occupy 19,117 square feet at 380 Internationale Blvd. in Bolingbrook. Josh Hearne and Mike O'Leary of Cawley Chicago represented the landlord: a partnership of ML Realty Partners and H.S.A. Commercial. Terry Grapenthin of Lee & Associates represented TAWI in the transaction.

• Advance Mechanical Systems Inc., a full-service mechanical and plumbing contractor, has renewed their lease for 46,341 square feet at 425 E. Algonquin Road in Arlington Heights. Larry Goldwasser, Andy Heymann and Matt Cowie of Cushman & Wakefield represented Advance Mechanical in the transaction.

• Axelent Inc., a worldwide workplace safety equipment supplier, signed a lease renewal for 18,500 square feet at 14503 S. Gougar Road in Lockport. Terry Grapenthin of Lee & Associates represented the tenant in Heritage Crossing's first lease renewal.

ML Realty Partners is a long-term real estate investor who focuses on both the acquisition and development of industrial real estate in the Central United States.

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