An industrial warehouse lease has been arranged by Lee & Associates at 305 East North Avenue, Carol Stream. The property spans across 32,838 square feet and is located in DuPage County. The landlord, Faropoint, agreed to an asking rent of $12.50 per square foot.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not mentioned
• Date: 08/10/2023
• Address: 305 East North Avenue, Carol Stream
• Market: Carol Stream
• Landlord: Faropoint
• Tenant: Service Spring Corporation
• Landlord's Rep: John Cassidy, Chris Nelson & Kenneth Franzese - Lee & Associates
• Tenant's Rep: Jeremy Scheck & Korey Ryan - Colliers International
• Asking Rent: $12.50/ft.

Lee & Associates facilitated the lease agreement for the warehouse space on behalf of the landlord, Faropoint. The tenant, Service Spring Corporation, was represented by Jeremy Scheck and Korey Ryan of Colliers International. This new location in DuPage County provides Service Spring Corporation with a 32,838-square-foot facility to meet their operational needs.