Service Spring Corporation Leases 32,838 SF Industrial Space In Carol Stream

305 E North Ave. Carol Stream, IL 60188, USA

$12

$12/SF

Building Size

32,838 SF

Asset Type

Industrial

Closing

Aug 10, 2023

AI

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.

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