CBRE Negotiates Lease Extension For Radial In Romeoville Industrial Market

The property involved in this transaction is an industrial facility located at 715 Theodore Ct, Romeoville, IL, 60446. The asset encompasses a total area of 421,361 square feet and is situated in the Romeoville market, providing convenient access to Interstate-55. The facility serves as a distribution center for Radial, which is part of the bpost group and specializes in omnichannel commerce technology and operations.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Unknown
• Address: 715 Theodore Ct, Romeoville, IL, 60446
• Square Feet: 421,361
• Market: Romeoville
• Tenant's Representatives: Paul Diederich - CBRE, Stephanie Park - CBRE, Todd Lippman - CBRE, Traci Payette
• Landlord: Unknown

The deal was facilitated by a long-term lease extension arranged by CBRE for Radial at their distribution center. The transaction involved multiple representatives from CBRE, highlighting the company's role in managing leasing operations in the industrial space within the suburban Chicago area.