Cabot Properties Leases 64,624 SF Industrial Space To Premier Handling Solutions In Elgin

The asset involved in this transaction is an industrial property located at 2801 Alft Lane in Elgin, Illinois. The total square footage of the property is 64,624, and it is under the management of Cabot Properties.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 2801 Alft Lane
• Market: Elgin, IL
• Landlord: Cabot Properties
• Tenant: Premier Handling Solutions
• Brokers: John Cassidy, Kenneth Franzese & Jay Farnam - Lee & Associates

This lease transaction secured full occupancy for Cabot Properties at their industrial building with Premier Handling Solutions. The deal was part of a long-term relocation that enhances the tenant's manufacturing and storage capabilities, facilitated by brokers Jay Farnam for the tenant and John Cassidy and Ken Franzese for the landlord.