Illinois Tool Works leases space in Lockport

ML Realty Partners based in Itasca said the firm has signed a long-term lease with Illinois Tool Works Inc. in Lockport.

ITW, a global manufacturer of engineered fasteners and components, equipment and consumable systems and specialty products, is leasing 102,390 square feet at Heritage Crossing.

The company said the manufacturer chose Heritage Crossing for this location due to its many amenities including an excellent access to the workforce.

"We're excited to welcome ITW to the park and to continually see instances of economic growth like this in the I-355/I-55 submarket," said Patrick Shannon, Vice President at ML Realty Partners.

The class-A, 293,872 square foot industrial facility is located within Heritage Crossing, a 228-acre business park situated at the I-355 and 143rd street interchange.

H. Charles Osweiler of Nicolson Porter & List represented Illinois Tool Works and Dan Leahy, Mark Moran, and John Whitehead of NAI Hiffman represented ML Realty Partners in the transaction.