NanoGraf Leases Industrial Space From Prologis At 455 North Ashland Avenue | 455 North Ashland Avenue | Industrial | Lease

Summary

Lease

ILLINOIS

Industrial

67,850 sqft

The industrial property at 455 North Ashland Avenue in Chicago, spanning 67,850 square feet, has been leased by NanoGraf, a battery tech firm, from Prologis. This expansion supports NanoGraf's growth fueled by military contracts and its innovative silicon anode material.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: Not specified
Landlord: Hamid Moghadam - Prologis
Tenant: Francis Wang - NanoGraf
Address: 455 North Ashland Avenue
Market: Chicago

Francis Wang, representing NanoGraf, is at the forefront of this leasing deal with Prologis, the property's landlord. The move is emblematic of NanoGraf's strategic expansion plans in Chicago's Near West Side, positioning them to capitalize on the growing demand for light industrial space in the area.

Details

Deal Summary

LEASED

IMAGE: Francis Wang & Hamid Moghadam DATE: 03/07/2024 ADDRESS: 455 North Ashland Avenue MARKET: Chicago ASSET TYPE: Industrial ~ SF: 67,850 LANDLORD: Hamid Moghadam - Prologis (@Prologis) TENANT: Francis Wang - NanoGraf NOTE: NanoGraf, a battery tech firm, is expanding on Chicago's Near West Side by leasing a 67,850-square-foot building at 455 North Ashland Avenue from Prologis. The move supports NanoGraf's growth driven by military contracts and its innovative silicon anode material, while also enhancing the area's reputation as a hub for light industrial businesses.

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Address455 North Ashland Avenue

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