Elgin lease finalized

Brian P. Quigley, executive vice president of Rosemont-based Conor Commercial Real Estate, announced a long-term lease transaction was recently finalized with Box Partners at Northwest Pointe II in Elgin.

The 385,300-square-foot industrial facility is near the intersection of Galvin and Higgins Roads and situated on a 22-acre parcel within Northwest Corporate Park and offers direct access to I-90 via the Randall Road four-way interchange located within 1.5 miles of the property.

"We are thrilled to announce the signed leasing of Northwest Pointe II," remarked Quigley.

Northwest Pointe II follows the development of the original Northwest Pointe, a 342,620 square foot speculative industrial facility that has been 100 percent leased and sold. Conor Commercial plans to develop the next section, Northwest Pointe III, by summer 2018.

Box Partners was represented by Steve Bass of Lee and Associates while Ken Franzese and John Cassidy of Lee and Associates represented Conor Commercial. Northwest Pointe II is a joint venture between Conor Commercial and Globe Corporation. McShane Construction Company and Ware Malcomb comprised the design/build team.