The Missner Group Leases 31,429 Square Feet Industrial Property To Ferguson Enterprises In Morton Grove

The property asset involved in the transaction is a 31,429-square-foot industrial building located at 8130 River Drive in Morton Grove, Illinois. This asset is now fully occupied after Ferguson Enterprises signed a lease agreement for the entire building six months post-acquisition by The Missner Group.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 8130 River Drive
• Market: Morton Grove, IL
• Landlord: The Missner Group
• Tenant: Ferguson Enterprises
• Landlord's Representative: Thomas Rodeno & Brendan Green - Colliers
• Tenant's Representative: Kevin Segerson, Clayton Thorson & Tom Sorrell - CBRE

This leasing agreement adds Ferguson Enterprises to The Missner Group's portfolio, which has undergone value-add improvements since the acquisition of the property. The lease demonstrates a strategic addition to The Missner Group’s real estate holdings.