CAROL STREAM – NAI Hiffman recently represented COM2 Computer Recycling Solutions in multiple transactions in Carol Stream, increasing their Carol Stream footprint to 261,357 square feet. In need of additional storage space in close proximity to its current location, COM2 signed a new lease for 175,000 square feet at 500 Kehoe Blvd. in Carol Stream.
“COM2 was pleased to lease the additional space because of its great location within a highly competitive market,” noted John Whitehead, enior associate with NAI Hiffman's Industrial Services group. “With only three available spaces over 175,000 square feet in Carol Stream, it became evident that 500 Kehoe was their best option.”
COM2 renewed its lease within its current corporate office and processing facility located at 140 East Fullerton Ave.in Carol Stream. The renewal makes COM2’s lease coterminous to its lease in the balance of the building. As a result of this transaction, COM2 now occupies the entire 86,357-square-foot facility on a long-term basis.
Whitehead represented COM2 in both transactions. John Cash, SIOR, executive vice president, and David Haigh, senior associate, also with NAI Hiffman, represented the landlord, 500 Kehoe, LLC. in the new lease.
“The lease at 500 Kehoe represents a great opportunity for both the landlord and the tenant,” said Haigh. “What started as a month-to-month lease for only a portion of the space has now turned into a full warehouse lease. Ownership’s flexibility and open dialogue with the tenant was key in building a relationship that allowed for such rapid growth.”
COM2 Recycling Solutions (www.com2computer.com) is a leading provider of comprehensive electronics recycling solutions that partners with customers and communities to reduce electronics waste from collection to disposal while recovering valuable resources. Operating one of the largest electronics and glass-to-clean glass processing centers in Illinois, they provide OEMs, corporate clients, municipal governments, recyclers and consumers with unparalleled electronics recycling services.
Source: Daily Herald Business Ledger
Also mentioned in Real Estate Bisnow
Also mentioned in REBusiness Online
Also mentioned in Heartland Real Estate Business
Also mentioned in RE Journals
Also mentioned in CoStar