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450 Congress Parkway
LEASED

Thinnes Transport Renews 91K SF Lease At 450 Congress Parkway In Crystal Lake

450 Congress Parkway

Industrial
91,267 SF
clock iconLeased 160 days ago
John M. Joyce
Kenneth Franzese
John Cassidy
+ 2
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Summary

Lease
ILLINOIS
Industrial
91,267 sqft

A 91,267-square-foot lease renewal has been secured for Thinnes Transport at 450 Congress Parkway in Crystal Lake, Illinois. The industrial property, located in the Crystal Lake market, is owned by STAG Industrial Holdings and has been chosen by Thinnes Transport due to its valuable infrastructure.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 450 Congress Parkway, Crystal Lake, Illinois
  • Market: Crystal Lake
  • Square Footage: 91,267

Thinnes Transport, Inc, a family-owned logistics company, has decided to remain in its current location due to the building's infrastructure value. The lease renewal deal was facilitated by John Cassidy, John M. Joyce, and Kenneth Franzese of Lee & Associates, who were the representatives for Thinnes Transport. Representing the landlord, STAG Industrial Holdings, was Daniel T. Jones of Entre Commercial Realty.

Note: The lease renewal was secured with the assistance of Lee & Associates, as Thinnes Transport opted to stay in its current location because of the building's infrastructure value. Dan Jones of Entre Commercial represented the landlord, STAG Industrial Holdings, in the deal.

Players

  • All

    6

  • Agents

    4

  • Agencies

    2

John M. Joyce's profile picture
John M. Joyce
Lee & Associates-image
Industrial Real Estate Advisor / Senior Associate
$2.7M Sold
Kenneth Franzese's profile picture
John Cassidy's profile picture
Daniel T. Jones's profile picture

Details

Deal Summary
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LEASED
IMAGE: John Cassidy, Benjamin Butcher, Kenneth Franzese, Daniel T. Jones & John M. Joyce DATE: 12/10/2023 ADDRESS: 450 Congress Parkway MARKET: Crystal Lake ASSET TYPE: Industrial ~ SF: 91,267 LANDLORD: STAG Industrial Holdings - Benjamin Butcher TENANT: Thinnes Transport, Inc - Bonnie Thinnes (@Bat5501) TENANT'S REP: John Cassidy, John M. Joyce & Kenneth Franzese (@Kennedyzese) - Lee & Associates (@LeeAssociatesRE) BROKER: Daniel T. Jones - Entre Commercial Realty NOTE: Lee & Associates helped secure a 91,267-square-foot lease renewal for Thinnes Transport at 450 Congress Parkway in Crystal Lake, Illinois. The family-owned logistics company opted to stay in its current location due to the building's infrastructure value, with Dan Jones of Entre Commercial representing the landlord, STAG Industrial Holdings.

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