Exeter Property Group Leases 120000 Square Feet At 1175 S Frontenac St In Aurora

The property involved in this transaction is located at 1175 S Frontenac St, Aurora, IL, 60504. This industrial property encompasses 120,000 square feet and is situated within the Meadow Lakes Corporate Park. The asset features a 24-foot clear height ceiling, 10,000 square feet of office space, heavy power capabilities, and parking facilities for 135 vehicles. The property was originally built in 1999 as a build-to-suit for the design studio Embossed Graphics, Inc.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 1175 S Frontenac St, Aurora, IL, 60504
• Market: Aurora
• Square Footage: 120,000
• Landlord: Exeter Property Group
• Tenant: Embossed Graphics, Inc.
• Tenant's Representatives: Adam Marshall (Newmark), Elise Couston (Newmark Knight Frank)

Elise Couston, SIOR and Adam Marshall, SIOR, CCIM from Newmark Knight Frank represented the seller, Embossed Graphics, Inc., in this sale-leaseback transaction. The deal allows Embossed Graphics to optimize their capital while maintaining occupancy through leasing arrangements. Exeter Property Group acted as the buyer and is a noted real estate investment manager. The transaction is a strategic decision influenced by the current industrial market conditions in the I-88 corridor.