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Component Products moves to Elmhurst

Component Products Inc., a manufacturer of structures for lighting and traffic signals, is moving from Schaumburg to Elmhurst.

Brown Commercial Group, based in Elk Grove Village, represented Component Products in its purchase of the 21,760-square-foot industrial building at 764 N. Oaklawn Ave. in Elmhurst.

The buyer is consolidating from two previous locations in Schaumburg.

"In today's strong industrial market, many business owners are looking to purchase a building in order to gain long-term investment advantages," said Mike Antonelli, Brown Commercial Group vice president of sales.

"Component Products also will benefit from lower taxes in their relocation from Cook County to DuPage County," he said.

Cushman & Wakefield's Mike Magliano represented the seller, GSI Partners LLC.

The building features two interior docks, two drive-in doors, air conditioning, outdoor storage and ample car parking.

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