Marketplace Brands Leases 103987 Square Feet At 951 Fargo Ave Elk Grove Village IL From FCA

The property asset involved in the transaction is a large industrial facility located at 951 Fargo Ave, Elk Grove Village, IL. It spans a total of 103,987 square feet and features 22-foot ceiling heights, 11,000 square feet of office space, 10 dock positions, and one drive-in door. The facility is also served by rail and is situated in a strong business and retail area close to corporate centers such as Rollex, KVF Co., and Petersen Aluminum Co.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Address: 951 Fargo Ave, Elk Grove Village, IL
• Market: Elk Grove Village
• Tenant: Marketplace Brands
• Landlord: FCA
• Tenant's Representatives: Josh Williams (Marcus & Millichap), Joe Bronson (NAI Hiffman)
• Landlord's Representative: Adam Haefner (Avison Young)
• Square Feet: 103987

The deal was facilitated by key individuals including NAI Hiffman's Joe Bronson and Josh Williams, as well as Darwin Realty's Adam Haefner and Richard Daly. NAI Hiffman has also recently concluded a portfolio of industrial space leases in Elk Grove Village, indicating ongoing activity in this market segment.