Norkol Converting Corp. Signs Long-Term Lease At 900 Knell Road Industrial Property, Montgomery

Norkol Converting Corp. has secured a 330,694-square-foot lease at CenterPoint Properties' 88 Industrial Center in Montgomery, Ill. The industrial property is located at 900 Knell Road and offers extensive features such as rail access via BNSF Railway, proximity to Interstate 88, and ample parking spots. The lease was negotiated by NAI Hiffman on behalf of the tenant and DarwinPW Realty on behalf of the landlord, CenterPoint Properties.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not applicable
• Size: 330,694 square feet
• Address: 900 Knell Road, Montgomery, Ill.
• Market: Montgomery

The tenant, Norkol Converting Corp., will be relocating its headquarters within the 992,462-square-foot 88 Industrial Center property. They are transferring their manufacturing operation from their current location in Northlake, Ill. The lease term is long-term.

The individuals involved in the deal include Martin Kolinski, the tenant representing Norkol Converting Corp., and his representative Daniel Leahy from NAI Hiffman. The landlord, CenterPoint Properties, was represented by Bob Chapman. The brokers who facilitated the transaction were George Cibula and Rick Daly from DarwinPW Realty/CORFAC International.