Business

Three leases brokered at industrial building

Posted April 06, 2020 1:00 am

LOMBARD - Lee & Associates recently closed three lease transactions in a 78,862-square-foot industrial building at 1001-1043 Lombard Road in Lombard.

Jay Farnam, executive vice president, Brent De Noble, senior vice president, and Jeff Galante, principal of Lee & Associates' Illinois office, represented owner Venture One Real Estate in all three leases.

A 5,238-square-foot unit at 1001 Lombard Road was leased by Tactical Lighting Systems. The tenant was represented by Brown Commercial. The 4,296-square-foot unit at 1013 Lombard Road was leased by Oak Hill Brands Corp. The tenant was represented by Michael Manna or Cushman & Wakefield. The 3,104-square-foot unit at 1021 Lombard Road was leased by Live Electric, LLC. The tenant was represented by Dan Obiala with Tenant Base.

The Lee & Associates team began marketing the property last year when Venture One purchased the building. With the transitions, only 2 units remain in the 12-unit building.

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