Chicago – Paine/Wetzel / TCN Worldwide along with NelsonHill are pleased to announce the completion of two, ten-year leases totaling over 87,000 square feet within the 136,000 square foot industrial building located at 2701 S. Western Avenue in Chicago, Illinois.
Anderson Brothers Moving and Storage Company signed a lease for 50,438 square feet as a relocation of their operations from 3141 N. Sheffield in Lincoln Park (which sold for redevelopment).
Ed Wabick of Paine/Wetzel / TCN Worldwide along with Mark Nelson and Michael Nelson of NelsonHill represented the landlord ARES Capital in the transaction. Lou Kahn, Ed Gerstein and Daniel Day of Jameson Commercial worked on behalf of the tenant.
The Moody Bible Institute of Chicago has leased 36,956 square feet of space to accommodate the expansion and relocation of their book publishing division from the Old Town campus on Wells Street in Chicago.
Ed Wabick of Paine/Wetzel / TCN Worldwide along with Mark Nelson and Michael Nelson of NelsonHill represented ownership, ARES Capital in the transaction. Julie Lane of Bradford Allen worked on behalf of the tenant.
About Paine/Wetzel / TCN Worldwide Paine/Wetzel / TCN Worldwide, headquartered in Chicago, is a full-service real estate firm providing comprehensive brokerage services to investors, users and owners of commercial, office and industrial properties. www.painewetzel.com About NelsonHill NelsonHill is a privately held Chicago based, full service commercial real estate firm. Established to create maximum value for their clients in real estate, the company implements a client-driven, performance based model. www.nelsonhill.com