CHICAGO – Transwestern today announces it represented Centor North America Inc. in a 62,662-square-foot headquarters lease at 966 Corporate Blvd., a 238,604-square-foot warehouse in Aurora, Illinois. Centor, a manufacturer of the world’s first Integrated Door, as well as folding doors, hardware and screen/blind systems, plans to relocate to the new facility from its current headquarters in Batavia Oct. 1. Transwestern Principals Michael Marconi and Justin Lerner and Senior Director Joe Karmin represented the tenant in the transaction.
“With the Chicago-area industrial vacancy rate at its lowest level in nearly 15 years, strong demand for space – particularly in highly desirable submarkets like the Interstate 88 Corridor – is creating competition among users requiring at least 50,000 square feet,” said Marconi. “Our extensive experience in the Aurora area allowed us to identify 966 Corporate Blvd. as a modern facility that was close enough to Centor’s existing employee base and large enough to accommodate future growth while offering immediate access to the interstate.”
Completed in 2015, 966 Corporate Blvd. is LEED-certified and includes 32-foot ceilings, seven exterior docks, one drive-in door and 41 trailer stalls. Centor will use tenant improvement funds secured by Transwestern to complete the buildout of its space, which includes a state-of-the-art showroom and corporate offices.
"We are grateful for the work Transwestern did in making this deal possible,” said Centor President Jim Thornton. “While we’ve certainly enjoyed our tenure in Batavia, our new Aurora facility will open up more opportunities that enable our business to grow and expand in the years ahead.”
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the Chicago and Rosemont offices, follow @TranswesternCHI.