Richards Building Supply Renews 58,513 Square Feet Lease At 909 West Irving Park Road

The property involved in the transaction consists of two lease renewal agreements for industrial assets, totaling 73,513 square feet. The addresses for these properties are 909 West Irving Park Road and 295 Spring Lake Drive, located in Itasca, IL.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 909 West Irving Park Road
• Address: 295 Spring Lake Drive
• Landlord: Westmount Realty Capital & Molto Properties
• Tenant: Richards Building Supply
• Landlord's Representative: Jeff Janda & Mike Plumb - Lee & Associates
• Tenant's Representative: Jeff Galante - Lee & Associates; Cal Payne - CBRE
• Market: Itasca, IL
• Asset Size: 73,513 square feet

Lee & Associates successfully facilitated the lease renewal agreements, including a significant 58,513-square-foot renewal for Richards Building Supply at the address of 909 West Irving Park Road and a 15,000-square-foot flex building renewal at 295 Spring Lake Drive. In the latter transaction, CBRE represented the tenant, further underscoring a collaborative effort among the involved parties.