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Tolead Logistics USA Signs Long-term Lease For 160,000 Square Feet In Wood Dale Illinois

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LEASED
Ryan Mullins
Frank Damato
+ 1

Illinois

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Industrial
Leased 11/12/2025
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Property Image
LEASED

Tolead Logistics USA Signs Long-term Lease For 160,000 Square Feet In Wood Dale Illinois

640 North Central Avenue

See Similar Deals
Industrial
Leased 11/12/2025
Ryan Mullins
Frank Damato
+ 1
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Summary

ILLINOIS
Asset Type:Industrial
Transaction Type:Lease

The industrial asset located at 640 North Central Avenue in Wood Dale, Illinois, has a total square footage of 160,000. The building features specifications such as 32-foot clear ceilings, 38 exterior docks, and 2 drive-in doors, accommodating the logistics operations for Tolead Logistics USA.

Summary of transaction details:

This lease transaction was facilitated by brokers Ryan Mullins and Frank Damato from Core Industrial Realty, representing the tenant, Tolead Logistics USA. The landlord for the property was represented by Kevin Segerson and Genna Ohrn from CBRE, ensuring a pivotal role in the leasing agreement.

Players

Kevin Segerson
8 deals
BROKER

Ryan Mullins
Core Industrial Realty
2 deals(312) 699-7012
BROKER



CBRE
BROKERAGE


Details

LEASED
IMAGE: Genna Ohrn, Kevin Segerson, Frank Damato & Ryan Mullins DATE: 11/12/2025 ADDRESS: 640 North Central Avenue MARKET: Wood Dale ASSET TYPE: Industrial TENANT: Tolead Logistics USA LANDLORD'S REP: Kevin Segerson & Genna Ohrn - CBRE (@CBRE) TENANT'S REP: Ryan Mullins & Frank Damato - Core Industrial Realty LEASE TERM: long-term NOTE: Tolead Logistics USA signed a long-term lease for 160,000 square feet at 640 N. Central Ave. in Wood Dale, Illinois, in one of the largest new leases in the O’Hare Submarket, with Core Industrial Realty brokers Ryan Mullins and Frank Damato representing the tenant. The building, represented by CBRE for ownership, features 32’ clear ceilings, 38 exterior docks, and 2 drive-in doors, supporting Tolead’s technology-based logistics operations for fashion, electronics, and e-commerce.

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Deal Type
Effective Rent (Annual)

$573,193.97

Total Lease Value

$5,731,939.66

Net Landlord Cash Flow$573,193.97